EigenLayer is a protocol built on Ethereum that introduces Restaking, a new primitive for Web3 builders that provides a "marketplace for trust" bringing together Restakers, Operators, and Autonomous Verifiable Services (AVSs). It allows users to stake assets such as Native ETH, Liquid Staking Tokens (LSTs), the EIGEN token, or any ERC20 token into EigenLayer smart contracts, thereby extending Ethereum's cryptoeconomic security to additional applications on the network. It fosters innovation by enabling newer projects to benefit from Ethereum’s robust security guarantees without the need to replicate the costly process of securing their own network.
0 commit comments