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EigenCloud EIGEN |
BUY
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$0.1669029 |
-0.73% (24h) |
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Marketcap |
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$114,951,946 |
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Volume 24h |
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$17,630,406 |
Description
EigenLayer (EIGEN) is a revolutionary "restaking" protocol built on Ethereum that allows stakers to use their ETH to provide security for other decentralized services simultaneously. This creates a "pooled security" model where new networks (AVS) can launch without needing to build their own validator set from scratch, significantly lowering the barrier to entry for innovation. The EIGEN token is the native asset used to manage the protocol's decentralized coordination and incentivize the operators who secure the network. By leveraging the massive security of Ethereum, EigenLayer is fundamentally changing the way decentralized infrastructure is built and secured.