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.
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
Restaking increases exposure to slashing risks
Complexity may confuse average users
Still in early stages of real-world adoption
EigenLayer is pioneering Ethereumโs next security layer by unlocking new utility for staked assets. As the ecosystem matures, restaking could become a core DeFi primitive.