Coinbase: Understanding the EigenLayer AVS landscape in one article
EigenLayer is an Ethereum-based protocol that introduces restaking — a new primitive for cryptoeconomic security that has become a dominant narrative in the Ethereum community.
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EigenLayer is an Ethereum-based protocol that introduces restaking — a new primitive for cryptoeconomic security that has become a dominant narrative in the Ethereum community.
EigenLayer AVS provides unlimited possibilities, and there will be more innovations in the future.
In any case, such innovation at least adds a lot of positive points to the project.
It can be said that Restaking is like a double-edged sword. While empowering the Ethereum ecosystem, it also brings huge hidden dangers.
The restaking ecosystem has finally reached two important milestones: EigenLayer (and EigenDA) launched on the mainnet, and the first batch of AVS launched on the mainnet: AltLayer, Brevis, eoracle, Lagrange, Witness Chain, and Xterio.
This article attempts to provide an in-depth look at the risks that EigenLayer has addressed, including potential pitfalls faced by the EigenLayer service and its operators, as well as the potential for systemic threats to Ethereum as a network.
Crypto researcher Ignas started from the potential of the LRT track and made a panoramic analysis of the "LRT war" carried out by the re-pledge protocol from the perspectives of points mechanism, revenue method, token economics, etc., and finally gave his own strategy manual.
Recommended reading for today evening: 1. Big inventory of potential airdrops in 2024; 2. Variant: Why we lead the investment in the zero-knowledge proof market L1 Gevulot; 3. How does Frax Bonds work? What are the main features? ;
TIA has exceeded $20B, and the airdrop expectations for ETH's enhanced version of TIA - Eigenlayer have also been very high. The LRT track based on Eigen can achieve double points.
Google Cloud has joined the "EigenLayer Operator Working Group" along with more than 65 operators and independent participants.