Operators

Operators are entities running infrastructure for AVS. The UTONIC protocol creates a registry of operators, logs interactions with the protocol, and participants can attach credentials and other data to operator entities. In the initial version, this encompasses operator entity metadata provided by the operators themselves, as well as data created by interacting with the UTONIC protocol, such as:

• AVSs that the operator opted into

• Associated vaults and restaked assets from vaults

• Historical logs of slashings and all other interactions with the UTONIC ecosystem

AVS Opt-in

The operator opts into the AVS to validate it. Based on various factors, such as reputation, stake amount, and other relevant criteria each AVS independently decides whether to include the operator in the active operator set or not.

Rewards

The AVS distributes the operator rewards at its discretion. Here are three examples:

• The AVS performs off-chain calculations to determine the reward distributions. After calculating the rewards, the AVS executes batch transfers to distribute the rewards in a consolidated manner.

• The AVS performs off-chain calculations to determine rewards and generates a Merkle tree, allowing operators to claim their rewards.

• The AVS performs on-chain reward calculations within its middleware to determine the distribution of rewards.

Operators should provide necessary details when registering through the AVSs, such as commission rates, fixed payments, and other relevant conditions. This registration process ensures that AVSs have the required data to perform accurate on-chain reward calculations in their middleware.

Misbehaviours and Penalty

The operator's stake becomes active and subject to slashing immediately after the opt-in process to the AVS.