Louis Abegg
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EigenLayer and ReStaking Ethereum
In the Ethereum world, a new concept is causing a stir: restaking via EigenLayer. This still young but extremely influential project promises nothing less than the reuse of staked ETH to secure additional networks and services while generating additional returns.
But how does restaking work exactly? Why is it so powerful and where do the dangers lie?
What is restaking anyway?
Staking means that users lock their ETH to secure the Ethereum network and receive rewards for it. With EigenLayer, a radical approach comes into play: users can lend their already staked ETH again to secure additional services, so-called Actively Validated Services (AVS).
But how does restaking work exactly? Why is it so powerful and where do the dangers lie?
What is restaking anyway?
Staking means that users lock their ETH to secure the Ethereum network and receive rewards for it. With EigenLayer, a radical approach comes into play: users can lend their already staked ETH again to secure additional services, so-called Actively Validated Services (AVS).
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