Full-Time

VP of Engineering

Updated on 12/19/2024

EigenLabs

EigenLabs

51-200 employees

Enhances utility of Liquid Staking Tokens

Crypto & Web3
Financial Services

Compensation Overview

$300k - $350kAnnually

+ Short-term incentives + Long-term incentives + Program-specific awards

Senior, Expert

Seattle, WA, USA

Position is based in Seattle with options for Bay Area.

Category
Engineering Management
Software Development Management
Requirements
  • Extensive leadership experience in crypto, service engineering and operations
  • Experience with protocols, services, and production security
  • Detailed technical knowledge based on experience as an individual contributor
  • Integrity and high standards with a collegial approach to work
  • Experience managing a staff, maintaining budgets, resolving conflicts, and communicating trade-offs and risks
  • Track record with excellent references
Responsibilities
  • Lead the engineering organization, which includes production and quality assurance
  • Collaborate with security, product, business development, and legal teams
  • Own technical strategy and overall systems architecture
  • Own staffing and all other organization resources
  • Deliver high quality processes and services throughout the engineering organization
  • Lead teams with high standards for technical excellence, trust, and efficiency

EigenLabs improves the utility and security of Liquid Staking Tokens (LSTs) through a process called "restaking," which allows users to reuse their staked tokens within the EigenLayer ecosystem. This service is aimed at 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, enhancing the efficiency of blockchain networks. The company's goal is to promote open innovation in the decentralized finance sector.

Company Stage

Seed

Total Funding

$159.9M

Headquarters

Seattle, Washington

Founded

2021

Growth & Insights
Headcount

6 month growth

10%

1 year growth

75%

2 year growth

681%
Simplify Jobs

Simplify's Take

What believers are saying

  • Kraken's integration simplifies Ethereum restaking, broadening EigenLayer's user base.
  • Rewards v2 upgrade in January 2025 enhances flexibility, attracting more users.
  • Partnership with Ethena introduces USDe, driving adoption with new financial products.

What critics are saying

  • Security breach led to $5.7 million token theft, highlighting security vulnerabilities.
  • Conflict of interest concerns led to key Ethereum researchers' resignation, impacting reputation.
  • New slashing mechanism may deter validators due to increased accountability measures.

What makes EigenLabs unique

  • EigenLayer allows restaking of staked ETH across multiple decentralized applications.
  • EigenDA provides secure, high-throughput data availability on Ethereum.
  • EigenLayer enhances Liquid Staking Tokens' utility through restaking, maximizing earning potential.

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