Actively Validated Service (AVS)
As the name suggests, an AVS can refer to any service that requires active validation to function. Ethereum itself is an example of an actively validated service, validated through the Proof-of-Stake consensus mechanism by validators that have staked 32 ETH.
In the context of the Rio Network, AVS generally refer to services built on EigenLayer that accept pooled "restaked" collateral (e.g. natively staked ETH and/or LSTs) on the condition that the the restaker may lose access to some or all of those funds if they fail in their validation duties according to a well defined set of rules known as slashing conditions.
As an example, the very first AVS developed in-house by EigenLayer, EigenDA, requires operators to store and persist data blobs for a set period of time. Incorrectly storing or failing to persist the assigned data may result in slashing of the operator.
AVS Selections
Rio is currently in the process of evaluating AVS.
Evaluation Criteria
The Risk Management SubDAO is an elected group of stakeholders such as Operators, restakers, and experienced DeFi risk managers.
Actively Validating Services (AVS) are selected and added to the DAO whitelist through the following process by the Risk Management SubDAO:
Discovery
Intake
Evaluation
Recommendation
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