# Blockdaemon Ethereum Newsletter || November 2023

By: Freddy Zwanzger

Join us in this month's Ethereum Newsletter. We'll be covering: Blockdaemon partnering with EigenLayer, Blockdaemon's Upgraded ETH Staking Rewards Dashboard and Ethereum validator sizes - and if will they affect you?

**In this month’s newsletter:**

- Blockdaemon partnering with EigenLayer
- Blockdaemon's Upgraded ETH Staking Rewards Dashboard
- Ethereum validator sizes - will they affect you?

### Institutional restaking with EigenLayer

Blockdaemon has partnered with EigenLayer and we participate actively in their Node Operator Working Group, providing feedback and guidance on aspects particularly relevant for our institutional customers.

Restaking doubles-down on a staker’s locked capital and offers the potential for increased returns, but comes with additional risk.

The [highly anticipated](https://dune.com/21co/eigen-layer) [EigenLayer](https://www.eigenlayer.xyz/) is the first generalizable network providing programmable trust from Ethereum. Their new restaking primitive opens up a whole design space for innovative new projects to leverage [staked ETH collateral](https://app.eigenlayer.xyz/) for their security needs.

### Blockdaemon's Upgraded ETH Staking Rewards Dashboard

We recently upgraded the [Ethereum staking dashboard](https://docs.blockdaemon.com/docs/ethereum-dashboard-overview) to provide clearer insights and better control over your staking operations.

Additionally, all validators launched via the [Staking API](https://docs.blockdaemon.com/reference/ethereum-api-overview) or Blockdaemon App will be automatically added to your dashboard, with a reserved status shown even before onchain registration.

If your organization could benefit from institutional staking tools, [book a demo](/content/get-started/staking/index.html) today!

### Will changes to Ethereum validator sizes affect you?

In light of the upcoming [30-40% capacity reduction of the Activation Queue](https://eips.ethereum.org/EIPS/eip-7514), you might have also come across [EIP-7251](https://ethresear.ch/t/increase-the-max-effective-balance-a-modest-proposal/15801). You might also be wondering, does the proposed “Increase [of] the Max_Effective_Balance” change anything for you as a staking entity?

Don’t worry, while a limit to the number of active validators would be beneficial to the network, this is only one of several possible protocol modifications currently being discussed.

Learn more in this [FAQ](https://notes.ethereum.org/@mikeneuder/eip-7251-faq) and rest assured, we’ll keep you informed in this newsletter if and when any of this is taking more shape.

Image source: [Ethresear.ch Slashing penalty analysis](https://ethresear.ch/t/slashing-penalty-analysis-eip-7251/16509)

### **Blockdaemon Resources**

- Blog: [All things staking Eth with Blockdaemon](/content/blog/discover-shapella-revolutionize-your-ethereum-staking-experience-with-blockdaemon/index.html)
- Staking API Docs: [Integration](https://docs.blockdaemon.com/reference/ethereum-api-overview) & [Reporting](https://docs.blockdaemon.com/reference/ethereum-staking-reporting)
- [**Eth staking**](/content/blog/new-upgrades-to-blockdaemon-institutional-wallet/index.html) **in Blockdaemon Institutional Wallet™**
- NEW Integrations with [Komainu](/content/blog/announcing-blockdaemons-partnership-with-komainu/index.html) and [Ledger Enterprise](/content/blog/blockdaemon-joins-forces-with-ledger-to-increase-secure-staking/index.html)

### **Previous Ethereum Newsletters**

- [Oct 2023 - Stake Smartly & The MEV Revolution](/content/blog/blockdaemon-ethereum-newsletter-october-2023/index.html)
- [Sept 2023 - AA, MPC, or Both?](/content/blog/blockdaemon-ethereum-newsletter-september-2023/index.html)
- [Aug 2023 - Activity at EthCC](/content/blog/blockdaemon-ethereum-newsletter-august-2023-activity-at-ethcc/index.html)