What is it?
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.
Why it’s trending:
✅ 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
Risks:
❌ Restaking increases exposure to slashing risks
❌ Complexity may confuse average users
❌ Still in early stages of real-world adoption
Conclusion:
EigenLayer is pioneering Ethereum’s next security layer by unlocking new utility for staked assets. As the ecosystem matures, restaking could become a core DeFi primitive.
