Delegator Onboarding

The following outlines the process for onboarding delegators to Shared Security Networks (SSNs) in Cap's protocol. Onboarded delegators may delegate to operators approved in the Cap system.

1. Setup

Ensure you have:

• Operator Address: Operator's Ethereum address that will receive delegations. The operator must be already registered in Cap's system.

• Collateral Asset: The asset to be used as vault collateral (LSTs, BTC-denominated ERC20s)

2. Choose SSN

Select SSN of choice for delegations, and follow the corresponding onboarding guide to complete set up and start delegating.

1. Symbiotic

2. EigenLayer

Currently, Cap supports Symbiotic integrations. EigenLayer implementation coming soon.

Collateral management, i.e. delegations and withdrawals, are handled within each SSN. Delegators are advised to monitor delay periods specific to the SSN.

Note, that withdrawing below the liquidation threshold makes the collateral slashable. While a time buffer is in place to mitigate risk, whitelisting depositors is recommended to prevent malicious withdrawals,.