AVS

What is Actively Validated Service (AVS)?

Any system that requires its own distributed validation semantics for verification, such as sidechains, data availability layers, new virtual machines, keeper networks, oracle networks, bridges, threshold cryptography schemes, and trusted execution environments.

Why AVS?

Before EigenLayer, the Ethereum network served as a foundation for various DeFi protocols. These protocols included lending and borrowing services, essentially smart contracts that leveraged Ethereum's security layer. However, creating new decentralized functionalities for existing protocols or entirely novel internet applications presented a significant challenge. Establishing the necessary security and trust for a decentralized system was cumbersome.

EigenLayer offers a solution. It allows developers to leverage the established security of Ethereum to build new decentralized systems. This includes services like oracles, decentralized sequencers, and data availability solutions. EigenLayer refers to these types of systems as Actively Validated Services (AVS).

Programmable Trust For AVS

EigenLayer provides three key trust models that developers of Actively Validated Services (AVS) can leverage through Ethereum:

1. Economic Trust: This model relies on financial incentives. When participants put their capital at stake (e.g., cryptocurrency), it discourages them from acting maliciously. If a validator assigned to an AVS task deviates from the rules, anyone can provide on-chain evidence to penalize them financially (slashing).

2. Decentralized Trust: This model emphasizes the power of a distributed network. With a large and diverse group of validators, it becomes highly improbable for them to all collude and compromise the system's integrity.

3. Ethereum Inclusion Trust: This model leverages the existing trust in Ethereum validators who participate in restaking. It allows developers to experiment with new functionalities on top of the Ethereum protocol without altering its core code. These functionalities are opt-in, meaning users can choose to participate or not.

By combining these trust models, EigenLayer empowers developers to create secure and reliable AVS, expanding the possibilities for decentralized applications.

Championing Secure AVS Integration

DeFcor is focusing on the concept of Actively Validated Services (AVS) to educate its users. This focus stems from DeFcor's commitment to delegate trust and security to AVSs. Through a risk assessment process, DefCor will determine which of the three trust models (Economic, Decentralized, and Ethereum Inclusion) is most suitable for each AVS. This approach safeguards the staked assets of DeFcor's users.

DeFcor partnered with institutional grade operators to run the AVS off-chain node and provides decentralization trust to AVS

DeFcor AVS

Coming soon ...