DeFi Intel

EigenLayer company

infrastructure · PageRank 0.0008

Also known as: Eigen Labs

Source: eigenlayer.xyz

Overview

EigenLayer is a protocol built on Ethereum that introduces the concept of restaking, allowing ETH stakers to reuse their staked ETH to secure third-party networks and services (Actively Validated Services, or AVS). Eigen Labs is the development company behind the protocol. It operates as an infrastructure layer for decentralized trust.

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In-depth guides on EigenLayer

Frequently asked questions

What is EigenLayer?

EigenLayer is an Ethereum-based protocol that enables 'restaking,' where ETH stakers can opt into securing additional applications or services in exchange for potential rewards, without unstaking their original ETH.

How does restaking work on EigenLayer?

Stakers deposit their staked ETH or liquid staking tokens into EigenLayer smart contracts, which then allow those assets to be used as collateral for validating 'Actively Validated Services' (AVS). Slashing conditions apply if the restaker misbehaves on behalf of an AVS.

What are Actively Validated Services (AVS)?

AVS are any system requiring its own distributed validation, such as sidechains, data availability layers, or oracle networks. EigenLayer lets AVS leverage the security of Ethereum's staked ETH via restaking, rather than building their own validator set from scratch.

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