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Full-Time

Senior Backend Engineer

Distributed Systems

Confirmed live in the last 24 hours

EigenLabs

EigenLabs

51-200 employees

Enhances utility of Liquid Staking Tokens

Consulting
Hardware
Fintech
Crypto & Web3

Compensation Overview

$225k - $250kAnnually

+ Bonus + Short-term Incentives + Long-term Incentives + Program-specific Awards

Senior, Expert

Seattle, WA, USA + 1 more

Category
Backend Engineering
Software Engineering
Required Skills
AWS
Requirements
  • BS in Computer Science or related technical field (e.g., physics or mathematics)
  • 5+ years of backend distributed systems experience
  • 2+ years of full life cycle development with Go
  • Exposure to AWS cloud technologies
  • Deep understanding of the Ethereum protocol, Ethereum staking and beacon chain
  • Proven track record of leading backend development projects, centered on web2 components and API design, into production
  • Experience working on highly scalable and rapidly evolving software systems
Responsibilities
  • Serve as a technical subject matter expert on our most demanding projects, increasing our productivity and effectiveness by sharing your deep knowledge and experience.
  • Work with company leadership to influence and define strategy, product roadmaps, and platform experiences.
  • Write and maintain code to generate proofs of beacon chain events
  • Design APIs for optimal webapp consumption
  • Leverage innovative approaches such as zero knowledge proofs and batch processing to enhance cost efficiency and customer experience
  • Stay up to date with EIPs that affect native restaking
  • Work with and evaluate vendors, efficiently implement/utilize their solutions, ensure data quality and uptime accountability, and provide feedback.

EigenLabs improves the utility and security of Liquid Staking Tokens (LSTs) by allowing users to "restake" their tokens within its ecosystem, which helps maximize earnings and enhance network security. The company targets blockchain developers, crypto enthusiasts, and institutional investors looking to optimize returns on their staked assets. Unlike competitors, EigenLabs also offers a decentralized data availability service called EigenDA, which is built on Ethereum to ensure efficient data handling for blockchain networks. The goal of EigenLabs is to promote open innovation in decentralized finance.

Company Stage

Series B

Total Funding

$164.4M

Headquarters

Seattle, Washington

Founded

2021

Growth & Insights
Headcount

6 month growth

65%

1 year growth

110%

2 year growth

609%
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Simplify's Take

What believers are saying

  • The launch of the EIGEN token and its associated airdrop could significantly boost user engagement and platform adoption.
  • Partnerships with major players like OKX enhance EigenLayer's network security and operational integrity, potentially attracting more institutional investors.
  • The successful deployment of the rewards MVP on the Holesky testnet demonstrates EigenLayer's commitment to continuous improvement and innovation.

What critics are saying

  • Community backlash, as seen with the hiring of Ethereum's Dankrad Feist, could affect the company's reputation and user trust.
  • The complexity of integrating new features like intersubjective forking and decentralized data availability may pose technical challenges and slow down development.

What makes EigenLabs unique

  • EigenLayer's unique restaking mechanism maximizes the utility and earning potential of Liquid Staking Tokens (LSTs), setting it apart from traditional staking platforms.
  • The introduction of EigenDA, a decentralized data availability service, adds a layer of security and high-throughput data handling that is crucial for blockchain efficiency.
  • Founded by a former academic and blockchain expert, EigenLayer benefits from a strong foundation in cryptography and blockchain technology, enhancing its credibility and innovation.