Atlas
Blog

Introducing Atlas Network AVS on EigenLayer

blog

Atlas Network

11/26/2024

Introducing Atlas Network AVS on EigenLayer

Atlas Network shares the core ethos of EigenLayer. As a “verifiable SaaS,” it extends the trust provided by Ethereum stakers toward blockchains and protocols as an additional layer of economic security to node networks. As an operator on the Atlas Network, your primary responsibility will be to enhance chain security. In addition, you will play a crucial role in key tasks such as on-chain incentivization and marketplace payment processing, ensuring the stability and reliability of the compute layer.

The Atlas Network will be powered by $NODE. The network will offer a direct revenue share to AVS operators and delegators, ensuring sustainability while incentivizing economic security for the AVS. Below are the earnings allocations established for AVS operators and delegators:

  1. The inflation rate will be set at 10%, serving as the basis for staking rewards.

  2. 15% of total AVS yield generated will be distributed among operators and delegators.

NodeOps has a proven track record, supporting over 48+ chains, creating 29,000+ NodeFolios, deploying 48,000+ nodes, and managing assets worth $60 million . With a $3.5 million ARR, NodeOps is among the top seven DePIN protocols by QoQ growth in 2024.

With the launch of the Atlas Network and its marketplace, we are poised for continued growth as this new ecosystem matures, unlocking exciting opportunities for you along the way.

Atlas Network leverages EigenLayer to ensure unparalleled security, decentralization, and economic efficiency. Here’s what sets Atlas Network apart:

  • AI-Powered Efficiency: NodeWatch ensures optimal performance and minimizes downtime through real-time AI monitoring.

  • Seamless Integration: Atlas Network’s modular design supports diverse blockchain protocols, making it the perfect partner for new and established networks.

  • Trustless Coordination: The orchestration layer automates provider onboarding, deployment, monitoring, and rewards, eliminating manual inefficiencies.

As an operator, getting started on Atlas Network could not be easier. In terms of prerequisites, your hardware should meet the following recommended specifications: 4 vCPU, 8 GB RAM, 160GB Storage, and a 1 Gbps network connection. We recommend using Debian 12 as your operating system, updated to the latest version, and installing Docker to manage the necessary applications. Then, you’ll have to register on EigenLayer using EigenLayer CLI and stake holesky ETH. The remaining setup instructions can be found in detail here. The whole process from end to end shouldn’t take you longer than 5 minutes.

Having tackled what Atlas Network is and how to get involved, the last and most important question remains: why should you care? The answer is simple:

  1. Decentralized Node Management: Atlas Network ensures a distributed network of trusted compute providers, powering scalable decentralized applications.

  2. AI-Driven Monitoring: Our NodeWatch network delivers real-time performance monitoring and proactive issue resolution.

  3. Economic Incentivization: AVS will accrue 15% of the total revenue generated as AVS yields, on top of the standard 10% inflation-based staking rewards.

Atlas Network isn’t just about infrastructure—it’s about creating a thriving, decentralized economy that benefits operators, providers, and users alike.

The landscape of Web3 infrastructure is evolving, and Atlas Network is here to lead the way. As the verifiable DePIN orchestration layer for decentralized infrastructure, Atlas Network empowers operators with cutting-edge tools and unparalleled opportunities to build a more reliable, scalable, and decentralized future. We believe now is the right time to present Atlas Network to the world, but before that happens we need your help to successfully secure it.

If interested, fill out this form and we’ll be in touch with additional information about whitelisting.

Should you have any questions, don’t hesitate to reach out via Discord or Telegram and our support team will will ensure all your concerns are addressed.