Restaking protocol EigenLayer partially launches on Ethereum mainnet

EigenLayer is live on the Ethereum mainnet, but several crucial features are still on the way “later this year.”

Ethereum restaking protocol EigenLayer, which touts over $13 billion in assets, has launched onto the blockchain’s mainnet, but some key features are still to come and will go live sometime in 2024.

EigenLayer announced the launch in an April 9 blog post but added in-protocol payments to operators from actively validated services (AVS), such as apps and cross-chain bridges, are yet to come.

A mechanism called slashing — when validators get their staked crypto taken from them if they don’t do their job correctly — is also still on the way.

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Source: https://cointelegraph.com/news/eigenlayer-restaking-launch-ethereum-mainnet-missing-key-features