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Following our last big update at the end of 2023, we invited user feedback to shape the next round of improvements to the Ledger Live dApp. The response was fantastic, and we collaborated closely with some of you to bring those enhancements to life. So thanks a lot for your active participation!
In this latest update, our primary focus has been on enhancing the user experience for managing dedicated validators throughout their lifecycle and improving the process for managing your pooled staked positions. We've also taken the opportunity to create a generally smoother experience from beginning to end.
The updates below, excluding those associated with pooled staking, will also be accessible in the Kiln dApp and Kiln Safe dApp.
We've improved the UI for a smoother experience, redesigning and repositioning the menu to better reflect key workflows. Now, you can easily access rewards, manage exits, and withdrawals for dedicated validators and pooled staking independently. Previously, these actions were all on one page, creating a more frustrating experience for users actively managing both staking options.
When requesting an exit from pooled staking, the wait time for withdrawal depends on available ETH and validator exit times. We've introduced a view of exit requests with an estimated fulfilment time, indicating when the ETH will be available for withdrawal.
Prior to implementing this change, users faced frustration due to the lack of exit time estimates, particularly when exit times were longer than usual.
We have a series of ongoing improvements, and you can expect to see these regularly introduced, with the next exciting update to the dApp introducing EigenLayer support.
Starting February 5, you will be able to earn EigenLayer Restaked Points by restaking your Liquid Staking Tokens (LST). By the end of February, we're rolling out the ability to restake ETH validators with 32 ETH multiples.
In future releases, we will be enabling EigenLayer for Kiln On-Chain Staking Pool customers and will be joining the network as an operator of AVSes, enabling restakers to earn additional rewards on their staked positions.
In Q2 2024 EigenLayer is expected to release support for AVSes, enabling operators to run additional services alongside Ethereum validators. This will enable restakers to earn additional rewards for helping secure these AVSes. Follow along for EigenLayer updates here!
Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake assets, and to whitelabel staking functionality into their offering. Kiln runs validators on all major PoS blockchains, with over $4b of stake under management and over 4% of the Ethereum network, running on a multi-cloud, multi-region infrastructure. Kiln also provides a validator-agnostic suite of products for fully automated deployment of validators, reporting and commission management, enabling custodians, wallets and exchanges to streamline staking operations across providers. Kiln is SOC2 Type 2 certified.
