Introduction
EigenYields is an EigenLayer operator that puts idle restaked capital to work. When you delegate your liquid staking tokens to EigenYields through EigenLayer, your assets are allocated into non-custodial yield vaults that generate returns through established DeFi protocols like Aave and Lido.
You receive receipt tokens representing your share of the vault. As the vault earns yield, the value backing your receipt tokens increases — there is nothing to claim or compound manually.
How it works
Section titled “How it works”- Restake and delegate — stake your LSTs on EigenLayer and delegate to the EigenYields operator
- Allocation — EigenYields allocates your restaked assets into yield vaults
- Claim receipt tokens — receive your receipt tokens via EigenLayer’s rewards mechanism
- Earn yield — your receipt tokens accrue value as the vault generates returns
- Redeem — when ready, redeem your receipt tokens to withdraw your underlying assets plus earned yield