EIGENLAYER-EigenLayerDetailed Description

EIGENLAYER-EigenLayer Detailed Description

EigenLayer is an Ethereum-based protocol that introduces restaking, a new primitive in cryptoeconomic security. This primitive allows ETH to be reused on the consensus layer. Users who natively stake ETH or use Liquidity Staking Tokens (LST) can choose to join the EigenLayer smart contract to re-stake their ETH or LST and extend cryptoeconomic security to other applications on the network to earn additional rewards.