The pioneering Ethereum restaking protocol aims to strike a balance between decentralization and neutrality.<\/p>\n
EigenLayer, the pioneering Ethereum staking protocol, has lifted all limits on its liquid staking token pools until 3 PM EST on Feb. 9.<\/p>\n
Announced on Feb. 5, the move allows uncapped access to EigenLayer\u2019s nine existing liquid staking token (LST) pools, and coincides with the introduction of support for three new LSTs from Frax, Mantle, and Liquid Collective.<\/p>\n
\u201cThis unpause marks the temporary removal of TVL caps, paving the way for a future where pauses and caps are lifted permanently,\u201d EigenLayer\u00a0said<\/a>. \u201cThis puts the EigenLayer protocol at a critical juncture, seeking to balance neutrality with decentralization over the long-term.”<\/p>\n EigenLayer<\/a>\u00a0allows Ethereum stakers to earn additional yield by simultaneously securing third-party Actively Validated Services (AVSs) while also validating the Ethereum network. Users can participate either by natively restaking Ether or by depositing LSTs into its historically capped pools.<\/p>\n <\/p>\n While EigenLayer previously expanded its LST pools by cautiously progressively\u00a0raising<\/a>\u00a0its deposit limits, the protocol has recently enjoyed explosive growth after significantly increasing the caps on its LST pools.<\/p>\n The project currently boasts a total value locked (TVL) of $2.17B, ranking as the 12th-largest DeFi protocol by TVL and the fifth-largest dApp on Ethereum, according to DeFi Llama.<\/p>\n EigenLayer accompanied the announcement with a\u00a0blog post<\/a>\u00a0exploring how it can best balance decentralization with neutrality moving forward, proposing several measures intended to navigate said considerations.<\/p>\n The proposed measures include removing all limits on from its pools, removing caps on payments from AVS to restakers, and limiting \u201cprotocol incentives and governance at 33% per entity.\u201d<\/p>\n \u201cThe aim is to marry the principles of credible neutrality (minimal subjectivity) and decentralization,\u201d EigenLayer said. \u201cThis balance is vital for trust and diversity within the ecosystem, reflecting lessons learned from Ethereum itself.\u201d<\/p>\n EigenLayer also recently expanded the number of LSTs it supports to mitigate its contribution to the significant\u00a0dominance<\/a>\u00a0of Lido\u2019s stETH over the supply of staked Ether.<\/p>\n <\/p>\nDecentralization vs Neutrality<\/h2>\n