Introduction
The purpose of the Suzaku (Re)staking protocol is to help sovereign networks:
Build from scratch to mainnet
By providing a unified Framework with all the tools required.
Bootstrap and increase their cryptoeconomic security
By taping into shared collateral.
Scale and decentralize
By connecting them to high-tier operators.
The design of Suzaku (Re)staking is freely inspired by other restaking protocols, namely EigenLayer (opens in a new tab), and Symbiotic (opens in a new tab).
Protocol participants
Sovereign networks
Suzaku Sovereign Networks are built using the Avalanche (opens in a new tab) stack. Each network is comprised of:
- One L1 blockchain (running as an Avalanche Subnet (opens in a new tab))
- Optionally, off-chain software components used to deliver the service
The security rules are very modular: each network can set the (re)staking requirements for operators and define the slashing conditions applied to malicious actors. Suzaku provides reference implementations for the most widely adopted security mechanisms.
Learn more about the Suzaku Framework
Stakers
DeFi users and on-chain asset managers can opt-in to provide cryptoeconomic security to sovereign networks in exchange for extra rewards, increasing the overall yield of their positions. This can be done through restaking, but also through staking of networks native tokens.
Suzaku theoretically supports any token as collateral, but at protocol launch:
- Restaking will support blue-chip tokens (e.g. BTC)
- Staking will support the native networks’ tokens*
While deployed on Avalanche C-Chain, Suzaku will integrate with external restaking ecosystems, enabling restaking from Ethereum or Bitcoin.
Stakers delegate their collateral to curators**, who are responsible for picking networks to secure, and operators, who run the infrastructure.
* Not all networks will launch with their token on day one. Some can choose to launch their token later or not even have a native token at all
Operators
Operators are responsible for running the infrastructure for sovereign networks. They register on Suzaku to provide their services to networks of their choosing.
Suzaku Sovereign Networks are very easy to operate (especially compared to their counterparts in other restaking marketplaces) thanks to the Avalanche stack and open-source tooling available in the ecosystem, (e.g. the Ash Toolkit (opens in a new tab)).
Curators
Curators have the non-trivial tasks of:
- Selecting sovereign networks to secure depending on their risk profile
- Delegating collateral to one or more trustworthy operators
- Distributing rewards to stakers
The Suzaku (Re)staking protocol is highly modular, allowing various actors to become curators and attract different profiles of stakers:
- LRT (Liquid Restaking Token) providers, who often try to maximize the yield for their users
- Institutional actors, who prioritize security above all
- Operators themselves, which is logical for big actors (e.g. staking providers, CEXs)