The $EIGEN system's new functionalities effectively open up new vistas for open innovation. It solves fundamental challenges like universality, isolation, metering, and compensation. By using social consensus and forking, $EIGEN empowers the secure execution of diverse digital tasks with cryptoeconomic security, effectively paving the way for the construction of an open, verifiable, digital commons. $EIGEN Layer is an engine for maximizing open innovation. Through its core mechanism of restaking, EigenLayer allows staked ETH or ERC20 tokens to be leveraged as cryptoeconomic security for a wide range of protocols beyond Ethereum. This flexibility empowers innovators to explore new applications of blockchain technology without the usual complexities and barriers. By establishing a market for programmable trust, EigenLayer alleviates complexities for entrepreneurs—whether it's issuing new assets, attracting staked capital, or building networks with the necessary security guarantees—all tasks that can be both time-consuming and resource-intensive.
Simply put, $Eigen Layer enables innovators to concentrate on what matters most: driving innovation. That’s why promoting open innovation is at the heart of what we do.
