FreeWhat is Eigenlayer?
EigenLayer introduces “restaking” to Ethereum. Restaking involves deploying the same ETH for staking on both Ethereum and other platforms, thereby broadening trust across these ecosystems and increasing the utility and rewards of staked tokens. This innovative concept allows investors to maximize their returns by combining their assets and participating in multiple networks at one time. By restoring on various platforms, users can also contribute to the security and decentralization of different chains, promoting a more interconnected and resilient blockchain ecosystem. Overall, EigenLayer’s restaking feature offers a unique opportunity for stakers to optimize their earnings and support the growth of multiple blockchain networks.
