EigenLayer is an Ethereum-based restaking protocol that revolutionizes liquid staking by allowing users to repurpose staked ETH (e.g., stETH) to secure other protocols. Its opt-in slashing conditions and pooled security marketplace create a decentralized infrastructure layer, attracting institutional validators and protocols seeking scalable security solutions. Backed by $164M in funding from investors like a16z and Blockchain Capital, EigenLayer combines rigorous academic research (led by UW Blockchain Lab founder Sreeram Kannan) with cutting-edge DeFi mechanics.
Launched: Jun 2021
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