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GM Network MACH is an AVS for GM Network, the pioneering consumer AIoT network. The GM Network's modular ecosystem is crafted to promote widespread AIoT (AI + IoT) adoption by lowering costs and barriers for developers. It comprises three main layers: the Asset Layer, the Data Layer, and the User Layer. A key feature is the integration of AVS, which supports decentralized operations with flexible security and cost management, ideal for consumer AIoT settings.

GM Network enhances user experience with gasless transactions through account abstraction (GM ID), enabling easy Web3 wallet creation with biometric IDs like Face ID and Touch ID. Security is fortified by Ethereum and AVS, with adjustable security levels to balance performance, and the native GM token supports staking for additional network security. The network also provides comprehensive scalability solutions for infrastructure, device data, asset liquidity, and user communities, allowing AIoT projects to reach their full potential.

21:T602,

You can restake multiple LSTs to earn a yield, delegating tokens to Operators of your choice.

We recommend using a Ledger Hardware Wallet to keep full control over your funds. To nominate your tokens, you should ensure you have your ETH or LSTs on MetaMask or Rabby Wallet and follow the steps below:

Step 1: Open the EigenLayer App and connect your wallet.

Step 2: Proceed to the Restake tab.

Step 3: Select the asset to restake.

Step 4: Input the desired amount and click “Deposit”.

Step 5: Approve and confirm the transaction in your wallet.

Step 6: Continue to the AVS tab.

Step 7: Select GM Network MACH to restake.

Step 8: Scroll down to the Operators section and choose one of the options.

Step 9: Click “Delegate” to deposit tokens to the Operator.

Step 10: Token Approval. Once the token approval transaction is confirmed, you will be prompted to confirm the deposit transaction.

Step 11: Confirm the deposit transaction in your wallet.

22:T468,

Restaking presents exciting opportunities for users to increase their yield, but it also comes with risks that must be carefully managed. Users must navigate the diverse range of AVSs launching on EigenLayer, each with its own slashing rules and risk profiles.

Slashing risk: These risks encompass the potential for slashing, which occurs when validators violate restaking terms, leading to penalties and potential losses. This penalty could impact restakers who entrust assets to Operators. Like any staking activity on Ethereum, the ETH you commit is subject to network regulations, with breaches potentially resulting in partial or total token losses. Slashing is not yet implemented on EigenLayer, therefore, it is a future risk. However, it is going to be introduced later this year.

Systemic risk: Vulnerabilities associated with restaking include operation concentration and the potential impact on Ethereum's security. The interconnectedness of AVSs within EigenLayer can amplify risks, as security issues with one AVS may affect others, leading to systemic failures.

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