

Cryptocurrency
EigenLayer deploys resttaking protocol on Ethereum mainnet – Crypto News
Ethereum restaking protocol EigenLayer has launched on Ethereum mainnet.
The launch supports tokens including stETH, rETH, cbETH and solo-stakers.
EigenLayer is designed to extend Ethereum security to software modules such as bridges, oracle networks and consensus mechanisms by utilizing restaking to offer pooled security mechanisms. They’re built on top of the network.
The EigenLayer protocol consists of stakers, who commit stake, and operators, who provide technical validation services for actively validated services (AVSs), Brianna Montgomeryhead of strategy at Eigen Labs, told Blockworks.
Several AVSs are building on EigenLayer, and a handful have publicly pointed to their plans, Montgomery said.
Known AVSs include EigenDA, Espresso, Witness Chain, Omni and Lagrange.
“Others are building in private,” Montgomery said. “More details about projects building on EigenLayer will be shared as and when available.”
How does EigenLayer work?
Stakers can grant permission to EigenLayer smart contracts, subjecting their staked ether to slashing conditions — and granting the opportunity to validate different software modules on top of the layer-1.
The design is such that additional rewards are earned meanwhile, and stakers can also delegate the validation to an operator of their choice.
“In both scenarios, the Restaker retains the agency over their stake and chooses which AVSs they opt-in to validate for,” Montgomery said.
To ensure honest operators opting in to do not face slashing, Montgomery said a handful of checks and balances have been baked in.
“For instance, we encourage AVSs deployed on EigenLayer to only have objectively attributable faults…Additionally, to prevent unintentional slashing caused by software bugs in the slashing contracts, there is a veto committee consisting of reputable members from the ecosystem,” she said.
Added Montgomery: “Any AVS smart contract seeking to slash a validator must submit its request to the veto committee, who can veto or approve it based on the legitimacy of the request.”
Initial mainnet launch
The initial mainnet launch will only include restaking, with operators and validators being part of a second launch iteration in the works. Native staking will also be available in the initial launch.
Usage limits of 3,200 of each asset, with a maximum of 32 token deposits for each unique user address, will be set in the interest of protocol security, EigenLayer said in a statement.
This means there will be a cap of 9,600 liquid staking tokens, coupled with a minimum of 300 unique deposits, able to participate across the three liquid staking tokens available on mainnet.
Usage limits will be evaluated and raised over the coming weeks, with the goal of eventually being completely uncapped.
Native restaking will also be available through the creation of EigenPods — a smart contract that facilitates staking of the Beacon Chain layer, where stakers must direct their validator withdrawal credentials.
Although there are no restrictions on the number of validators that can link to EigenPods being placed, EigenPods will stop being created once native restaking reaches 9,600 ETH.
Get the day’s top crypto news and insights delivered to your email every evening. Subscribe to Blockworks’ free newsletter now.
Want alpha sent directly to your inbox? Get degen trade ideas, governance updates, token performance, can’t-miss tweets and more from Blockworks Research’s Daily Debrief,
Can’t wait? Get our news the fastest way possible. Join us on Telegram and follow us on google news,
-
others1 week ago
Skies are clearing for Delta as stock soars 13% on earnings beat – Crypto News
-
others1 week ago
Skies are clearing for Delta as stock soars 13% on earnings beat – Crypto News
-
Blockchain1 week ago
Insomnia Labs Debuts Stablecoin Credit Platform for Creators – Crypto News
-
Blockchain1 week ago
Ant Group Eyes USDC Integration Circle’s: Report – Crypto News
-
Cryptocurrency5 days ago
Whale Sells $407K TRUMP, Loses $1.37M in Exit – Crypto News
-
Cryptocurrency1 week ago
Tornado Cash Judge Won’t Let One Case Be Mentioned in Roman Storm’s Trial: Here’s Why – Crypto News
-
Blockchain1 week ago
XRP Rally Possible If Senate Web3 Crypto Summit Goes Well – Crypto News
-
others1 week ago
USD/CAD trades with positive bias below 1.3700; looks to FOMC minutes for fresh impetus – Crypto News
-
Blockchain1 week ago
Kraken and Backed Expand Tokenized Equities to BNB Chain – Crypto News
-
others1 week ago
EUR/GBP posts modest gain above 0.8600 ahead of German inflation data – Crypto News
-
Cryptocurrency1 week ago
Bitcoin Breaks New Record at $111K, What’s Fueling the $120K Price Target? – Crypto News
-
Technology1 week ago
XRP Eyes $3 Breakout Amid Rising BlackRock ETF Speculation – Crypto News
-
Business1 week ago
PENGU Rallies Over 20% Amid Coinbase’s Pudgy Penguins PFP Frenzy – Crypto News
-
Blockchain5 days ago
Robinhood Dealing With Fallout of Tokenized Equities Offering – Crypto News
-
Cryptocurrency1 week ago
Is ETH Finally Ready to Shoot For $3K? (Ethereum Price Analysis) – Crypto News
-
Blockchain1 week ago
Binance Founder Backs BNB Treasury Company Aiming For US IPO – Crypto News
-
Blockchain1 week ago
Ethereum Bulls Roar — $3K Beckons After 5% Spike – Crypto News
-
Blockchain1 week ago
Australia Banks Join Digital Currency Trial for Tokenized Assets – Crypto News
-
Business1 week ago
Did Ripple Really Win XRP Lawsuit Despite $125M Fine? Lawyer Fires Back at CEO – Crypto News
-
Cryptocurrency1 week ago
XRP price forecast as coins surges 2.19% to $2.33 – Crypto News
-
Metaverse1 week ago
How Brands Can Deepen Customer Connections in the Metaverse – Crypto News
-
Technology1 week ago
Perplexity launches Comet, an AI-powered browser to challenge Google Chrome; OpenAI expected to enter the space soon – Crypto News
-
Blockchain1 week ago
SUI Chart Pattern Confirmation Sets $3.89 Price Target – Crypto News
-
Technology1 week ago
Breaking: SharpLink Purchases 10,000 ETH from Ethereum Foundation, SBET Stock Up 7% – Crypto News
-
others1 week ago
EUR/GBP climbs as weak UK data fuels BoE rate cut speculation – Crypto News
-
Blockchain1 week ago
Bitcoin Hits All-Time High as Crypto Legislation Votes Near – Crypto News
-
others1 week ago
Australian Dollar remains stronger due to persistent inflation risks, FOMC Minutes eyed – Crypto News
-
others1 week ago
US Dollar Resurgence May Be Around the Corner, According to Barclays Currency Strategist – Here’s Why: Report – Crypto News
-
others1 week ago
Trump Jr. Backed Thumzup Media To Invest In ETH, XRP, SOL, DOGE And LTC – Crypto News
-
Technology1 week ago
Google’s worst nightmare? OpenAI’s new AI web browser is coming soon to challenge Chrome – Crypto News
-
Cryptocurrency1 week ago
Bitcoin Hits Record Peak. How High Can It Surge in 2025? – Crypto News
-
Technology1 week ago
VC Firm Ego Death Capital Closes $100M Funding to Back Bitcoin-Based Projects – Crypto News
-
Cryptocurrency1 week ago
Tokenized Securities Are Still Securities, US SEC Warns Robinhood, Kraken – Crypto News
-
others1 week ago
NovaEx Launches with a Security-First Crypto Trading Platform Offering Deep Liquidity and Institutional-Grade Infrastructure – Crypto News
-
others1 week ago
Anthony Scaramucci Says $180,000 Bitcoin Price Explosion Possible As BTC ‘Supremacy’ Creeps Up – Here’s His Timeline – Crypto News
-
Cryptocurrency1 week ago
Bitcoin Breaks New Record at $111K, What’s Fueling the $120K Price Target? – Crypto News
-
Business1 week ago
US Senate To Release CLARITY Act Draft Next Week – Crypto News
-
others1 week ago
$687,220,000 in Bitcoin Shorts Liquidated in Just One Hour As BTC Explodes To $116,000 – Crypto News
-
Business1 week ago
S&P Global Downgrades Saks Global’s Credit Rating – Crypto News
-
Cryptocurrency4 days ago
Satoshi-Era Bitcoin Whale Moves Another $2.42 Billion, What’s Happening? – Crypto News
-
Technology1 week ago
10 Smartchoice tablets from top brands, curated for everyday use, up to 45% off before Amazon Prime Day Sale – Crypto News
-
others1 week ago
China’s Ant Group With 1.4B Users Taps Circle to Integrate USDC – Crypto News
-
De-fi1 week ago
Ousted Movement Labs Co-Founder Sues Startup in Delaware Court – Crypto News
-
Business1 week ago
XRP Set for Big Week as ProShares ETF Launches July 18 – Crypto News
-
Technology7 days ago
Hyperliquid Hits Record $10.6B OI As HYPE Price Records New ATH – Crypto News
-
Blockchain6 days ago
Ziglu Faces $2.7M Shortfall as Crypto Fintech Enters Special Administration – Crypto News
-
Cryptocurrency5 days ago
Bitcoin Breaches $120K, Institutional FOMO Takes and House Debate Propel Gains – Crypto News
-
Blockchain1 week ago
Analyst Predicts 50% “Moonshot” For XRP Price If This Line Breaks – Crypto News
-
others1 week ago
Donald Trump Pushes For A 300 Basis Points Fed Rate Cut – Crypto News
-
Technology1 week ago
Breaking: Bitcoin Price Hits New ATH Amid Trump Tariff Scare – Crypto News