Ethereum

How to Claim Rewards from AVSs on EigenLayer

stakefish

22 Oct 2024 — 5 min read

EigenLayer is an innovative middleware protocol built on Ethereum, designed to unlock a powerful new feature called restaking. With restaking, users can simultaneously take their staked ETH or Liquid Staking Tokens (LSTs) and extend their utility across multiple networks and protocols. This means you can secure additional decentralized services without unstaking your original assets, allowing you to earn extra rewards while continuing to benefit from the returns of your initial staking position.

By leveraging EigenLayer, participants can restake their assets to secure Actively Validated Services (AVSs)—key infrastructure components like oracles, bridges, and more. This process enhances the security of these services while offering stakers the opportunity to maximize their rewards. Whether you're restaking ETH, LSTs, or staking EIGEN tokens, EigenLayer helps you maximize your capital.

In this guide, we'll walk you through the steps to claim and track your rewards on EigenLayer, ensuring you're getting the most out of your restaked assets.

What Are AVS Rewards?

AVS rewards are the incentives distributed to participants within the EigenLayer ecosystem. These rewards are designed to benefit operators and stakers responsible for securing AVS operations.

Stakers receive rewards in exchange for providing capital (restaked ETH, LSTs, or staked EIGEN tokens). These rewards serve as compensation for enhancing AVS security and stability.
Operators earn fees for maintaining infrastructure and ensuring the smooth operation of AVSs. This fee covers their operational efforts.

To start earning AVS rewards, you must delegate your restaked assets to an operator (see our restaking guide with stakefish) servicing the AVS that provides those rewards. For more details, check out EigenLayer’s breakdown of AVS rewards and the EIGEN programmatic incentives.

How to Claim Rewards on EigenLayer

Claiming your rewards on EigenLayer is straightforward. Let’s break it down step by step:

Step 1: Connect Your Wallet

Head to the EigenLayer app and connect your wallet to get started.

Step 2: Check Your Dashboard

In the Dashboard tab, you’ll find your restaked balance and asset status.Look to the right for a section listing all your claimable rewards.

Step 3: Claim Your Rewards

Click on "Claim Rewards" and a pop-up will allow you to select which tokens to claim. Choose all tokens or select specific ones by ticking the boxes on the left, then hit "Claim."

Step 4: Confirm the Transaction

Confirm the transaction in your wallet. Keep in mind that processing may take some time. Once completed, you’ll receive a confirmation that the rewards were successfully claimed.

Afterward, any claimed tokens will no longer appear in the "Claimable Rewards" section of your Dashboard. You’ll only see the rewards still available for you to claim.

How to Track Upcoming Rewards

New rewards are posted weekly to the mainnet contract, making it easy for stakers to claim them.

To track your rewards:

Open the Dashboard tab.
In the Restaked Assets section, click on the Weekly Rewards column.

A pop-up will show you:
- Estimated weekly APR.
- The date when new rewards will be available for claim.
- Any already accrued rewards that are available to claim.

Make it a habit to check this section weekly so you can claim new rewards as soon as they become available.

Why choose stakefish?

stakefish is a leading operator in the EigenLayer restaking ecosystem. We help stakers maximize their rewards while securing decentralized networks through restaking ETH, Liquid Staking Tokens (LSTs), and staking EIGEN. As an early operator during the EigenLayer mainnet launch, we ensure that stakers benefit from our reliable, high-performance infrastructure and simple, transparent reward processes.

We know staking. We have been operating validators since 2018 and are one of the largest and most trusted validators in the crypto ecosystem. We support 20+ protocols and help stake over $3 billion worth of assets for institutions and retail investors.

One of the standout features of staking Ethereum with stakefish is our MAX MEV smoothing pool, which evenly distributes all collected fees and Maximal Extractable Value (MEV) from multiple relays, including Flashbots, Bloxroute, and more. This allows stakers to claim rewards daily, ensuring consistent payouts without waiting for block proposals. Unlike competitors who don’t offer this feature, we provide a smoother, more predictable staking experience, helping you maximize your earnings efficiently.

We also offer a transparent commission structure, charging a blended 3.2% to 5%, with 100% of protocol rewards going directly to you. Execution rewards are collected daily, and all fees are calculated on-chain, providing full transparency. Our powerful Ethereum staking dashboard makes it easy for stakers of all sizes to monitor their performance and optimize their staking strategy. Join stakefish today and take full control of your Ethereum staking experience.

Conclusion

EigenLayer’s innovative protocol gives you the opportunity to earn additional rewards on top of your existing ETH staking returns. The process of claiming your rewards is easy and only takes four steps:

Connect Your Wallet: Access the EigenLayer app and link your wallet.
Check Your Dashboard: View your restaked assets and available rewards.
Claim Your Rewards: Select the rewards you want to claim.
Confirm the Transaction: Complete the claim process by verifying the transaction in your wallet.

With rewards posted weekly, be sure to check your Dashboard regularly to track and claim your new earnings.

By choosing stakefish, you're partnering with a trusted leader in Ethereum staking and restaking. With our top-tier infrastructure, MAX MEV smoothing pool, and transparent commission structure, we ensure you get the best possible staking experience. Whether you're looking to restake with EigenLayer or grow your Ethereum staking portfolio, stakefish is your reliable, go-to partner.

Join us at stakefish and start staking confidently today at stake.fish/stake

For updates and special announcements, follow our Twitter (@stakefish 🐠) and join our community on Telegram.

About stakefish

stakefish is the leading validator for Proof of Stake blockchains. With support for 20+ networks, our mission is to secure and contribute to this exciting new ecosystem while enabling our users to stake confidently.