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Unleashing the Power of Restaking with EigenLayer

S
by Stakewolle
Published on June 27, 2023
Unleashing the Power of Restaking with EigenLayer

TL;DR;

  • EigenLayer is a new protocol that allows ETH stakers to restake ETH
  • Implementation of EigenLayer will result in a substantial increase in the level of security of Ethereum
  • The Stage 1 Mainnet launch of EigenLayer has just gone live, and it allows users to restake ETH and LSTs
  • The next stage of the EigenLayer launch will onboard operators, who will perform validation tasks for AVSs (actively validated services)
  • The final stage of the launch will see the launch of several AVSs on EigenLayer
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