EigenLayer’s $EIGEN Launch: Innovation Meets Controversy in DeFi’s Latest Chapter

EigenLayer is a protocol built on the Ethereum blockchain that introduces a new concept called “restaking”. Restaking allows users who have already staked their Ethereum (ETH) to essentially leverage it again. By opting into EigenLayer’s smart contracts, users can put their staked ETH to work in securing other applications on the Ethereum network, potentially earning […] source: https://www.cryptoglobe.com/latest/2024/05/eigenlayers-eigen-launch-innovation-meets-controversy-in-defis-latest-chapter/