Eigen Layer

EigenLayer is a protocol built on Ethereum that introduces restaking. This allows users who have staked ETH to also secure other protocols and earn additional rewards, thereby increasing the capital efficiency of staked ETH. EigenLayer’s key strength is that it allows for the reuse of staked ETH, creating a more secure and decentralised infrastructure for various decentralised services. EigenLayer's technology allows ETH stakers to opt-in to secure other protocols, known as "actively validated services" (AVSs), without needing to unstake their ETH. This creates a shared security layer, boosting the security of smaller protocols. Experimental Crypto assets might be riskier than other crypto assets and require careful consideration. Further details of these risks may be found <a class="link" href="https://help.etoro.com/s/article/What-are-Experimental-cryptoassets-on-eToro?language=en_GB" target="_blank">here</a>. Keep up to date on the latest share price changes by adding EIGEN stock to your eToro watchlist.