EigenLayer is a protocol on Ethereum that introduces "restaking," allowing users who have already staked ETH to opt into securing additional services and protocols with their same staked assets. This creates a shared security marketplace where new protocols can bootstrap their security from Ethereum's existing validator set instead of building their own from scratch. Restakers earn additional rewards but also take on additional slashing risk.
Eigenlayer
Eigenlayer Explainer Video
What is EigenLayer? | Crypto Terms Explained #ethereum #staking #cryptocurrency