What is EigenLayer? Revolutionizing Ethereum Security Through Restaking
EigenLayer is a pioneering restaking protocol on Ethereum that enables users to reuse their staked ETH or liquid staking tokens (LSTs) to secure multiple decentralized applications (dApps), thereby amplifying Ethereum’s cryptoeconomic security while increasing staking rewards. With robust architecture, strategic partnerships like Binance and Renzo, and a $100M backing from a16z, EigenLayer is set to revolutionize decentralized infrastructure by unlocking new layers of trustless innovation.