Lagrange State Committees
What is Lagrange State Committees?
Lagrange State Committees are a ZK light client protocol for optimistic rollups that are designed through combining EigenLayer's restaked security with Lagrange's ZK Coprocessor.
Twitter, Website, Contract, EigenLayer
address: 0x35f4f28a8d3ff20eed10e087e8f96ea2641e6aa2
Restakeable assets
Assets accepted for restaking by Lagrange Committees along with their delegated balances.
Token | Balance | USD Value |
---|---|---|
ETH | 2.69M | $9.35B |
stETH | 952.3K | $3.31B |
bEIGEN | 113.1M | $389.2M |
ETHx | 79.8K | $292.8M |
wBETH | 27.3K | $100.9M |
mETH | 23.2K | $84.7M |
swETH | 19.0K | $71.1M |
rETH | 15.5K | $60.1M |
cbETH | 4.5K | $17.2M |
sfrxETH | 3.5K | $13.7M |
ankrETH | 744 | $3.02M |
Risk analysis
AVS
Business Model
"Pure Wallet" is an EigenLayer AVS business model (the most secure one for newborn protocols) where no native AVS token is involved, and user fees are paid in a purely neutral denomination (like ETH).
Protocol Security
Three successive audits performed by one entity. Although an overly qualitative metric, different entities performing audits would be advised.
The code coverage for this AVS is very high, although not publicly disclosed.
Operator Profile
Since we are at the very early stages of EigenLayer, operators' reputation was classified as unknown. Operator's entrenchment level indicates how entrenched Lagrange State Committees' operators are on other AVSs. The small number of AVSs currently live helps exacerbate this risk, in a pooled security context.
All AVSs are assigned a high operator profile risk at this early stage.
Lagrange State Committees Protocol
Committee State Proofs Security
Any given Committee is designed to securely and provably generate cross-chain state proofs for optimistic rollups. It requires and generates inductive ZK proofs where validations are performed toward previous blocks and aggregated BLS signatures are generated to attest to the validity of the present block’s state. All these combined attributes make the system extremely robust against faults.
BLS signatures can be expensive to compute at scale. A more efficient and specialized signature scheme would be worth considering.
Prover Network Profile
At least 2/3 of the present Committee must correctly sign each block. The recursive nature of State Committees enables them to ensure continuous proof validity and cross-chain relaying.
Similarly to Lagrange’s ZK Coprocessor, even in the case of a 2/3 stake attack toward the Prover network, ZK-state proof generation is not affected; only slight liveness issues may occur.
Being structured as a pure ZK system, Lagrange State Committees are extremely airtight toward potential safety exploits.
Degree of decentralization in the sequencer and the overall Prover network are unknown.
Operators for Lagrange Committees (top 20)
# | operator group | TVL |
---|---|---|
1 |
ether.fi
ether.fi-10 - Node.Monster
($1.08B)
ether.fi-1 - Pier Two
($920.6M)
ether.fi-2 - P2P.org
($841.2M)
ether.fi-4 - Finoa
($709.3M)
ether.fi-3 - DSRV
($620.2M)
ether.fi-11 - Validation Cloud
($590.3M)
ether.fi-6 - A41
($354.6M)
ether.fi-8 - DSRV
($286.4M)
ether.fi-5 - Cosmostation
($281.9M)
ether.fi-12
($230.6M)
ether.fi-7 - Chainnodes
($218.1M)
ether.fi-9 - Nethermind
($112.7M)
|
$6.24B |
2 |
Kelp
Kelp by Kiln
($998.4M)
Kelp by Luganodes
($674.8M)
|
$1.67B |
3 |
EigenYields
|
$1.52B |
4 |
P2P.org
|
$1.37B |
5 |
Renzo
Renzo by Figment
($374.5M)
Renzo by HashKey
($218.7M)
Renzo by Pier Two
($213.8M)
Renzo by P2P.org
($77.7M)
Renzo by Luganodes
($14.7M)
|
$899.4M |
6 |
Puffer
Puffer - P2P
($270.1M)
Puffer
($15.5M)
Puffer - Everstake
($6.95M)
Puffer - Hashkey Cloud
($2.50M)
Puffer - A41
($2.38M)
Puffer - InfStones
($1.89M)
Puffer - CoinSummer
($1.47M)
|
$300.8M |
7 |
Eigenpie
|
$246.6M |
8 |
InfStones
|
$239.8M |
9 |
Swell
Swell - InfStones
($66.5M)
Swell - P2P
($20.3M)
Swell - Luganodes
($20.2M)
Swell - Pier Two
($20.2M)
Swell - Finoa
($20.2M)
Swell - Chorus One
($20.2M)
Swell - Everstake
($20.2M)
Swell - A41
($20.2M)
|
$208.2M |
10 |
Kiln
|
$196.0M |
11 |
Staked
|
$145.0M |
12 |
Coinbase
|
$133.4M |
13 |
CoinSummer
|
$112.5M |
14 |
AltLayer
|
$96.6M |
15 |
HashKey
|
$65.2M |
16 |
Black Sand
|
$51.9M |
17 |
InfStones
|
$44.3M |
18 |
stakefish
|
$43.5M |
19 |
Luganodes
|
$43.2M |
20 |
Nethermind
|
$33.4M |