🚨 cbETH delegators may need to take action
EigenYields will allocate cbETH to @0xcatalysis. This means cbETH will become slashable.
No other assets are affected and will continue to operate as normal.
This allocation will be used to underwrite tier-1 @Morpho vaults, curated by @gauntlet_xyz & @SteakhouseFi. Allocated assets will be locked for 90 days. In return for providing coverage, delegators can expect to earn an estimated 5% APY, exclusive of native staking yield, and other incentives.
🔒 Security:
@0xcatalysis has undergone an audit by Sigma Prime, with 2 further audits by Certora & Sigma Prime currently pending.
🚨 Risk:
Historical data indicate there is <1% chance for an event to occur that triggers payout of the maximum coverage amount.
💰 Rewards:
Coverage premium is expected to provide up to 5% APY, cbETH delegators will continue to receive native staking yield and other incentives.
⏰ Timeline:
Catalysis mainnet will accept allocations between 23rd March and 3rd April 2026.
cbETH delegators are encouraged to read Catalysis docs: docs.catalysis.network/docs/stakehold… and terms & conditions
catalysis.network/t-and-c
If you do not want an additional 5% APY or disagree with the risk profile, you must withdraw cbETH from our operator.
👉 This allocation marks the start of real, sustainable rewards from restaking.
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