Guarded Launch

Smart Contract Interactions Only

June 8th, 2024

1. Renzo triggered the withdrawal contract upgrades which required a 3 day time lock.

2. https://etherscan.io/tx/0x7c7b2281faa8df4c0d341726b911a8824de2faad00e85856da1df78ab92227d2

June 11th, 2024

1. Renzo contract upgrade was complete and Renzo began to request the cooldown of assets from EigenLayer which has a 7 day escrow period.

2. https://etherscan.io/address/0x5efc9d10e42fb517456f4ac41eb5e2ebe42c8918

Feature Live - Front End Enabled

June 18th, 2024

1. After the EigenLayer escrow period is complete, users will be able to request withdrawals.

2. Withdrawals will begin with a buffer capacity of 1,000 ETH every hour.

3. Withdrawals will launch with a 3 day cooldown period after which users can claim their collateral.

4. LST withdrawals to be added a few days after the withdrawal feature goes live.

The cooldown period will eventually be a function of the EigenLayer escrow period (7 days currently) and beacon chain full exit. This change will go into effect prior to slashing going live on EigenLayer.