EigenLayer

🏦 EigenLayer is a protocol built on Ethereum that allows you to reuse assets for restaking in order to get more profit and expand crypto-economic security.EigenLayer offers two features that help improve the security of Ethereum and the management structure.

Restacking allows validators to re-stack their ETH in AVS to receive additional profit while protecting these modules and validation services.
Free management gives validators the freedom to choose a module for repeated staking.EigenLayer has raised investments worth $64.4 million from top funds such as Blockchain Capital, Coinbase Ventures, Polychain Capital and others. The project is estimated at more than $ 750 million .

Updated on: 17/01/2024