Profile Photo

Andrew MuskOffline

5 out of 5
2 Ratings
  • andrew
  • Profile picture of Andrew Musk

    Andrew Musk added new Platform

    3 weeks, 3 days ago

    EigenLayer (EIGEN)

    EigenLayer (EIGEN) is a protocol built on Ethereum that introduces restaking, which enables the reuse of ETH on the consensus layer. Users that stake ETH natively or with a liquid staking token (LST) can opt-in to EigenLayer smart contracts to restake their ETH or LST and extend cryptoeconomic security to additional applications on the network and earn additional rewards. The EIGEN token is a universal intersubjective work token within the EigenLayer ecosystem.