The launch of EigenLayer on the Ethereum mainnet marks an essential milestone in our mission to create a robust environment for open innovation. Its aims to empower ecosystem stakeholders and innovate on the future of shared security and distribution by promoting inclusivity, transparency, and continuous improvement.
For this launch:
This protocol allows users to staking ETH by depositing liquidity staking tokens such as Lido stETH (stETH), Rocket Pool ETH (rETH), and Coinbase Wrapped staking ETH (cbETH).
Ethereum bettors can now reset in EigenLayer by:
This mainnet launch is the first of three stages, onboarding Restakers onto EigenLayer. The second launch later this year will onboard Operators, who perform validation tasks for AVSs built on the platform. In the third stage, several AVSs will launch on EigenLayer.
The protocol currently only supports liquid resets and factory resets. Reset allows staking ETH for use on other protocols in exchange for protocol fees and rewards.
To date, EigenLabs, the developer of EigenLayer, has received a total of $64.5 million in funding, at a valuation of $500 million, including a $50 million Series A funding US completed in March of this year.
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