Slashing
In Proof-of-Stake (PoS) networks, stakers or validators post capital (stake) which can be taken (slashed) in the event certain conditions (slashing conditions) are met which degrade the operation of the network.
Rio Network and Slashing
Rio deposits are subject to AVS slashing conditions. To ensure fairness to all reETH users, any losses due to slashing are socialized across the pool.
There are two sets of slashing conditions to consider:
Ethereum Slashing
To date there have been hundreds of low value Ethereum slashing events (typically due to Attestation violations).
The following are slashable offenses:
An attester signs contradicting attestations
An attester signs two different block attestations with the same target
A proposer signed two different beacon blocks for the same slot
In most cases, Ethereum slashing occurs as a result of improper validator configuration. Rio partners with industry leading operators with vast experience in managing validators to minimize the risk of native Ethereum slashing.
EigenLayer (AVS) Slashing
At the time of writing, EigenLayer has not publicly released their complete AVS slashing design. Conceptually, AVS will be able to create custom slashing conditions which will be considered as part of evaluation before adding a given AVS to Rio.
EigenLayer will also launch with a “slashing council” which will review and mediate any slashing events that occur to ensure no improper or unfair slashing occurs while the slashing system is being worked out.
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