* RX: Use resistors behind Ethernet magnetics to reduce Ethernet RX voltage levels (0 +-2.5V) to LVPECL voltage levels (1.65V +-400mV). Or LVDS if your FPGA can't handle LVPECL. Also, pull up/down resistors help to avoid glitchy behavior with no cable connected or little data activity.
* TX: Meh, a series current limiting resistor is good enough. Drive two outputs differentially to increase the voltage swing. (Technically not true antivalent signals as there's also the "off" state with both disabled.)
Notes:
* The RX pull up/downs are probably not the best idea, and fixable in a better way. But for now, this shall work -- and suffice!
* On the TX side, I'm grossly overloading the drivers. A line driver would probably be a good idea. Or you can just parallel multiple outputs ;D
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