8 Basic Things About EigenLayer

By cryotosensei | CryptoSensei | 29 May 2024


1. EigenLayer allows ether to be staked on multiple platforms concurrently via the concept of "restaking," which allows investors to stake their already-staked ETH to lend additional security for DApps like oracles and bridges.


2. Leverages Ethereum’s security and validator set to support other networks.

3. Supports major platforms, like Lido’s stETH, Rocket Pool’s rETH, and Coinbase’s cbETH tokens.


4. Allows developers to create their own decentralized applications and services.

5. Has been audited by Consensys Diligence and Sigma Prime, so external validation achievement unlocked!


6. Has been put through the fire and proven usable as the fraud proofs are being used by Optimism.

7. Google Cloud has joined EigenLayer’s Operator Working Groo and even launched its EigenLayer mainnet node operator.


8. EigenLayer’s liquid staking pools currently capped at 3,200 tokens each, with individual deposits limited to 32 tokens per transaction.

References

https://messari.io/report/eigenlayer-from-i-can-t-to-eigen?utm_source=Iterable&utm_medium=email&utm_campaign=campaign_UO%20-%20Wednesday%2C%205%2F22&utm_source=iterable&utm_medium=email

https://cryptobriefing.com/google-cloud-eigenlayer-mainnet-operator/

https://moonrockcapital.medium.com/why-eigenlayer-is-so-exciting-b2593cb5eb6b

https://www.coindesk.com/tech/2023/08/17/ethereum-restaking-worries-vitalik-buterin-heres-why/?outputType=amp

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