Eigen Layer - This one might be one of the next big projects! | CryptoForce
Eigen Layer - This one might be one of the next big projects!
Hidden in the Coinbase's crypto 2023 outlook report while no one is talking about it
Let's dive in
The project name is EigenLayer and they will offer "re-staking" solutions.
Introduction
There is no official TG group, no info about the token and almost no influencers are talking about it.. So why am I sharing? Because I think the potential is here & coinbase thinks the same. https://t.me/eigenlayercom
About the project :
EigenLayer is a "re-staking" platform that will offer you to stake your $ETH in many platforms together! For example, you can stake your 32ETH in ETH POS and in the meantime use it to stake it on more platforms!
That means earning multiple APYs from Multiple platforms.
Use cases
The best use cases for Eigenlayer are protocols that have a low chance of being slashed.
Bridges, RPC nodes, Oracles and more
Why am I sharing it?
Because I think it has a massive potential. I am not invested in it nor I know anyone from the team
BUT:
- Coinbase talked about them, page 30:
https://coinbase.bynder.com/m/4888c95272561d10/original/2023-Crypto-Market-Outlook.pdf
- A16Z (One of the biggest VCs in the world) made a video about them:
- The CEO Sreeram Kannan is Director of Blockchain Lab division in University of Washington
When is it launching?
No info yet. I think following them on twitter can be wise because I suspect they might have an airdrop too. If it's true, that might be worth a lot of $.
Airdrop
Seems the way to get the airdrop will be to stake ETH on their platform or to develop on their L2.
Socials
https://twitter.com/eigenlayer
Credits
A credit to MeirBank ,olimpio and Overdose gems because I've used a lot of their research findings.
Please be carful and treat it as an educational material. This is not a financial advice of any kind, especially because there is almost no info about the token / tokenomics yet..
Additional links if you want to deep dive into their tech:
https://www.blockworksresearch.com/research/eigenlayer-supercharging-eth-through-restaking