P2P.org's 2025 Wrapped: The Year We Led Institutional Staking

<h2 id="at-a-glance"><strong>At a Glance:</strong></h2><ul><li><strong>Programmatic Incentives v2</strong> launched, shifting focus from short-term capital movement to duration, consistency, and operator reliability</li><li><strong>EigenAI and EigenCompute</strong> went live on mainnet alpha — the first production applications secured by restaking</li><li><strong>Operator responsibilities</strong> expanded beyond uptime to include predictable infrastructure and conservative risk management</li><li><strong>P2P.org launched</strong> a dedicated 5% EIGEN operator aligned with the updated incentive structure</li><li><strong>EigenLayer transitioned</strong> from theoretical security model to functioning economic system with clear participant roles</li></ul><p>Over the course of 2025, EigenLayer moved into a more defined phase of its development.&nbsp;</p><p>The network introduced clearer incentive structures, brought its first production services online, and gave operators and restakers a more concrete role in how the system functions.</p><p>Taken together, these changes marked an important step forward: restaking began to operate less as a theoretical model and more as an economic system with real participants, responsibilities, and outcomes.</p><h2 id="a-more-structured-incentive-model"><strong>A More Structured Incentive Model</strong></h2><p>One of the most meaningful developments this year was the rollout of Programmatic Incentives v2.</p><p>The update refined how issuance is distributed and clarified what long-term participation on EigenLayer is meant to look like.</p><p>Instead of optimizing primarily for short-term capital movement, the new structure places more emphasis on duration, consistency, and operator reliability.</p><p>For restakers and operators, this created a clearer set of expectations. Incentives became easier to reason about, and participation started to feel more deliberate rather than reactive.</p><h2 id="eigenai-and-eigencompute-brought-restaking-into-production"><strong>EigenAI and EigenCompute Brought Restaking Into Production</strong></h2><p>In parallel, EigenLayer saw the launch of EigenAI and EigenCompute on mainnet alpha.</p><p>These services represented the first concrete examples of applications relying on restaking for security. EigenAI introduced verifiable inference, while EigenCompute provided a framework for verifiable off-chain execution. Together, they demonstrated how restaked capital and operator infrastructure could support live workloads rather than remaining an abstract security layer.</p><p>This shift was important not because of scale, but because it made the role of restaking observable in practice.</p><h2 id="operators-as-part-of-the-economic-core"><strong>Operators as Part of the Economic Core</strong></h2><p>As EigenLayer’s structure became clearer, so did the role of operators.</p><p>In 2025, operating on EigenLayer increasingly meant more than maintaining uptime.&nbsp;</p><p>Operators became responsible for supporting AVSs with predictable infrastructure, managing risk conservatively, and aligning their setups with the protocol’s evolving incentive model.</p><p>For P2P.org, the year was focused on staying aligned with that direction. As Programmatic Incentives v2 came online and EigenLayer expanded its AVS set, P2P adjusted its operator parameters to reflect the new framework, including the launch of a dedicated 5% EIGEN operator designed specifically around the updated incentive structure.</p><p>The goal throughout the year was consistency: operating in a way that fits EigenLayer’s long-term design rather than optimizing for short-term changes.</p><h2 id="a-clearer-picture-going-into-2026"><strong>A Clearer Picture Going Into 2026</strong></h2><p>By the end of 2025, EigenLayer had established a more coherent system across incentives, infrastructure, and applications.</p><ul><li>Restakers had clearer signals.</li><li>Operators had more defined responsibilities.</li><li>AVSs began operating on top of a security layer that was designed to support them over time.</li></ul><p>That coherence is what defines this year in retrospect.&nbsp;</p><p>EigenLayer has grown, and become easier to understand, participate in, and build on.</p><p>As the network moves into 2026, that clarity sets a stronger foundation for what comes next.</p><p>Reminder: <a href="http://p2p.org/?ref=p2p.org"><u>P2P.org</u></a> has a dedicated 5% EIGEN Operator live, available to the end of 2025.</p><div class="kg-card kg-button-card kg-align-center"><a href="link.p2p.org/c4365d" class="kg-btn kg-btn-accent">Delegate now</a></div>