What is it?
EigenLayer is a protocol built on Ethereum that introduces the concept of restaking, allowing users to reuse their staked ETH (or LSTs like stETH) to secure other networks and services. This creates a shared security model across the Ethereum ecosystem.
Why it’s trending:
Launch of mainnet phase in Q2 2024 Backed by top VCs (a16z, Coinbase Ventures) Enables new decentralized services (e.g., oracles, bridges) Boosts capital efficiency for stakers
Risks:
Restaking increases exposure to slashing risks Complexity may confuse average users Still in early stages of real-world adoption
Conclusion:
EigenLayer is pioneering Ethereum’s next security layer by unlocking new utility for staked assets. As the ecosystem matures, restaking could become a core DeFi primitive.
