# EigenLayer News: Permissionless Token Support | Aug. 20th 

> The new update will enable any ERC-20 token to become a restakable asset.

**Published by:** [Web3 Citizen](https://paragraph.com/@web3citizenxyz/)
**Published on:** 2024-08-20
**URL:** https://paragraph.com/@web3citizenxyz/permissionless-token-support

## Content

TL;DRTVL watch: $12.5bPermissionless Token Support SoonEigenDA reduces pricingWorldcoin connects to HyperlaneOthentic partners with VennArpa Randcast launches on TaikoCommunity Update: Airdrops and the EigenLayer Ecosystem NetworkInfinite Layers: HyperlaneSBC’24 talk: Strong Cryptoeconomic Security🌐 Ecosystem NewsTVL watch: $12.5bEigenLayer’s TVL remains at $12.5b according to DefiLlama. Permissionless Token Support SoonAn upcoming update will enable EigenLayer to support any ERC-20 token as a restakable asset. This broadens the assets that can contribute to EigenLayer’s shared security and allows to significantly enlarge the protocol’s cryptoeconomic security. Additionally, AVS will be able to pick and choose which ERC-20 tokens will secure their services.The mainnet deployment update is scheduled for this week and EigenDA will be the first AVS to test and use this feature.Learn more EigenDA reduces pricingEigenDA announced a 10x reduction in pricing for both on-demand and reserved bandwidth customers. Additionally, it unveiled a free tier with up to 1.28KiB/s in throughput. These updates will only apply after payments go live. Most of the payment fees will be redistributed back to stakers and operators.Learn more Worldcoin connects to HyperlaneAfter announcing its partnership with Zora, Hyperlane partners with another Superchain member. Worldcoin is now connected to Hyperlane, enabling the protocol to access and prove humanity on other blockchain networks, World ID to expand beyond Worldchain and build interchain apps.Learn moreOthentic partners with Venn & UngateOthentic announced a new partnership with Ungate, the AVS building AI solutions, and Venn, the AVS building a unified modular security infrastructure. Both AVSs leverage the Othentic stack to abstract away low-level implementations and minimize their engineering overhead.Arpa Randcast launches on TaikoArpa Randcast, Arpa's Network on-chain Random Number Generator (RNG) service, is now available on Taiko, as well as previously supported networks (Optimism, Base and Redstone). Learn more about when to use Randcast. 📰 Community NewsCommunity Update: Airdrops and the EigenLayer Ecosystem NetworkGiven a recent article that mentioned EigenLayer and Eigen Labs employees receiving airdrops, EigenLayer published a response on the steps Eigen Labs has taken to improve transparency.“We want to make clear that we have no knowledge or evidence of any employee at Eigen Labs pressuring any team to unduly benefit the Eigen Labs corporate entity or its employees.”You can read the full article here. Infinite Layers: HyperlaneA new episode on Infinite Layer is live! The new episode with CEO Jon Kol explores how Hyperlane is creating an interoperability framework connecting chains and enabling protocols and developers to build interchain apps.Watch the episode SBC’24 talk: Strong Cryptoeconomic Security Sreeram’s talk on building cryptoeconomic security and the importance of shared security to enable people to build secure protocols.Watch the talk📚 Learn about EigenLayerKey resources, docs and guides on: EigenLayer Hub & Understanding EigenLayer {Stuff To Check Out}LighthouseWeb3 on the EigenLayer Ecosystem See you next week EigenLayer News is a space to learn and stay informed about announcements and upcoming initiatives within EigenLayer. Our aim is to provide a window into what we believe is the ultimate coordination layer in crypto. Subscribe so you don’t miss our next edition. About UsAbout us, @ocandocrypto and @eugenia, we’re core contributors to web3citizen.xyz. Reach out to us on @eigenlayernews or @web3citizenxyz - we would love to hear your feedback!

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