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EigenLayer - the most ambitious Re-staking protocol in 2023
NNT
Aug 22
What is EigenLayer? How it is affected in long term? Let’s explore! 1/ Overview EigenLayer is a re-staking protocol that lets users re-stake their ETH for extra yield and utilizes Ethereum's security to support middleware, blockchain, and new protocols at a reduced cost. The entire EigenLayer protocol can be divided into: • Demand side: middleware, data availability layers (DA), oracles protocol, bridge protocol... • Supply side: Individual ETH stakers in staking service provider (Lido, ...
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