In one of the important steps of Ethereum 2.0, the EigenLayer protocol has been launched on its mainnet. The EigenLayer protocol aims to create a permissionless environment on the Ethereum network and increase passive income through restaking.

Three Phases Of Eigenlayer Protocol 

     The Eigenlayer protocol will be in three phases. The first stage has onboard restakers on Eigenlayer. In Phase II, operators will be onboarded to perform verification work for AVS built on EigenLayer. In the third phase, many AVS will be launched on EigenLayer.

Early Bird Popularity 

     The first phase of EigenLayer is like Testnet; its staking pool makes available stETH, rETH, and cbETH in a certain limit, but there is no investment limit; that is, there is risk in it, but from the very beginning, the tempting feature of restaking attracted Ethereun hodlers. Did. Only early birds were to get its benefit.

Even Before Duncan Hardfork

     Starting EigenLayer before a Duncan upgrade can be considered a special process. Duncan will solve many of Ethereum's problems (including gas fees). So it has created a special feature for Ethereum HODLers by earning passive income by resttaking from EigenLayer and increasing it by re-staking.