{
  "type": "ZkVmReceipt",
  "system": "risc0",
  "receiptFormat": "groth16-bn254",
  "imageId": "sha256:a1a0bc89b5b1febaeda3519f6dbade0fa5ac16beeb143c4e1b01689573567bc6",
  "seal": "JYvkohoFMyHmtgTSnPW2YPNVh27xEp0U5jroygfH5qUEoBVvxMt674BYK0DT9oe+9xdoeKSARHGMR0zwNZbIWBKna+Gf1IjC63mEuYW7UGz6DFg5D3UMjlLL01aM7At2AlCHCdVB/EYWavk+T67Ca5w1+XZOvA6Di03/5gpAtdoUu9G6FAjH2Tp7lSFrV/rE2YsxgSoTyWSknPMwM8AsQSv6SD0Kqv3IfQXwMAXFvdE85B2LAqDUfHl5WR3nge6ZAGYod1c+Rd0bWVDtx/WMMSBwQIyP48quoG0fg1jD+mgK14GVgncgDfZCEHv9cT49dfSAO5dof4VtgTE0L/waCg==",
  "journal": {
    "chaingraph_version": "0.4.0",
    "kernel_digest": "sha256:fa0c0c6dff1a33577f8de9a44bbd6c3d35d4a2d544a0d9f83ed9c1635870b792",
    "output": {
      "buffer_absorbs_usd": 0,
      "delegator_net_slash_eth": 0.32,
      "delegator_net_slash_usd": 1120,
      "eth_price_usd": 3500,
      "expected_annual_slash_usd": 5.6,
      "first_loss_tranche_pct": 0,
      "gross_apy_pct": 6,
      "gross_usd_per_year": 6720,
      "insurance_enabled": true,
      "insurance_makes_sense": false,
      "insurance_premium_pct_of_rewards": 0.5,
      "insurance_premium_usd_per_year": 30.24,
      "max_slash_usd": 1120,
      "net_apy_pct": 5.4,
      "net_apy_risk_adjusted_pct": 5.395,
      "net_usd_per_year": 6048,
      "net_usd_per_year_risk_adjusted": 6042.4,
      "net_with_insurance_apy_pct": 5.368,
      "net_with_insurance_usd_per_year": 6012.16,
      "not_financial_advice": "Not financial or investment advice. Restaking carries smart contract risk, operator risk, slashing risk, and liquidity risk. Verify current operator and AVS conditions before delegating.",
      "operator_cut_pct": 0.6,
      "operator_fee_usd_per_year": 672,
      "pii_note": "ZERO PII: staking amounts and protocol parameters only. No wallet address, staking key, operator identity, or personal data enters this kernel.",
      "protocol": "eigenlayer",
      "protocol_note": "EigenLayer: Ethereum restaking. ETH or LST delegated to operators who opt into AVS (Actively Validated Services). Slashing conditions defined per-AVS; operator+delegator both exposed. Three-party model: restaker, operator, AVS.",
      "regulatory_basis": "Restaking is an unregulated activity in most jurisdictions. Slashing conditions vary by AVS/network and operator behavior. This model uses protocol-level parameters; actual slashing probability depends on operator diligence and AVS code correctness.",
      "risk_reward_ratio": 0.1852,
      "slash_magnitude_pct": 1,
      "slashing_risk_pct": 0.5,
      "staked_eth": 32,
      "staked_usd": 112000,
      "table_source": "EigenLayer restaking documentation 2024 (operator/AVS model, slashing conditions); Symbiotic protocol specification 2024 (three-way opt-in, burner routers); slashing-insurance premium benchmarks ~0.5% of rewards per market survey 2024.",
      "table_version": "RESTAKING-PROTOCOLS-EIGENLAYER-SYMBIOTIC-2024"
    }
  }
}