Discover and read the best of Twitter Threads about #EigenLayer

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🪂Millions have been earned on $ARB $SUI, now it's time for #EigenLayer 💸

💰@eigenlayer Raised Almost 64.5M$ and Their Strategic Investors are Coinbase VC, Polygon Capital And So On🚀

🧵Let's Dive Into Detailed Thread to Know More🔥

Hit ❤️
🔁 Retweet &
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🧵2/13

🌀We Will Cover Up Some Things Here About EigenLayer:

1️⃣What is EigenLayer
2️⃣Funding Rounds Of EigenLayer
3️⃣Participate EigenLayer Liquid Restaking
4️⃣Join EigenLayer Discord

🧵Let's Dive Into Below Threads:

#testnet #airdrop #eigenlayer
🧵3/11

1️⃣DYK: 🙅‍♂️

❓What is @eigenlayer?

✅EigenLayer is a protocol built on Ethereum that introduces restaking,a new primitive in cryptoeconomic security. EigenLayer is a protocol built on Ethereum that introduces restaking,a new primitive in cryptoeconomic security.

#testnet Image
Read 11 tweets
1/
The staking industry has grown to a whopping ~$152 billion, with #Ethereum leading the charge with the recent shift to PoS consensus🌐
But what if we told you that stakers could do more than just earn revenue from validating Ethereum transactions?

Introducing @eigenlayer🧵👇 Image
2/
EigenLayer is a "restaking" protocol that lets $ETH holders stake & earn higher returns by performing additional tasks beyond just validating transactions

According to its founder, @sreeramkannan, "it is an extension protocol that extends the scope of what #Ethereum can do"🚀
3/
EigenLayer provides middleware solutions that aim to raise economic security to Ethereum levels🔐

But what is middleware, you ask?
It's a software layer that connects different software components and services to create a seamless experience.
Read 10 tweets
@eigenlayer unlocks OPEN INNOVATION on Ethereum 🔥🔥

It has the potential to unlock 10-100x capabilities on #ETH ecosystem

Innovation is value add- $$$
#ethereum #eigenlayer #trust #innovation

We all can be early to this! Here is quick summary 👇👇 Image
Blockchains are trust layers. Every new innovation needs a new trust network

🔸First came Bitcoin- which is right now the most secure network

🔸Then came the idea of general purpose trust network, with programmable network like Ethereum
But,

🔸Ethereum also had its limitations by design which could not changed unless a coordinated consensus is achieved

🔸This led to coming of age Layer 1s like Solana, Avalanche which used different design parameters to build new networks
Read 15 tweets
@eigenlayer #restaking #LSD #ethereum
Eigen Layer: The Restaking Collective
1/ Introduction
As you know, after Ethereum switched to PoS, it also opened up new problems like how to reduce the cost of storing data on ethereum to reduce rollups fees, in addition problems Other Image
topics like MEV or Censorship Resistance are also worth mentioning. Another problem that the Proof-of-stake mechanism brings is that a large amount of Ethereum is staked and is almost not liquid for economic purposes, so there are new solutions. Liquid Staking (LSDs).
Eigenlayer, a team that saw these issues, was determined to develop a project that could simultaneously solve the data storage fees for proofs from L2 (data availability) and take advantage of the features of LSDs to bring security of Ethereum to the DA layer.
Read 23 tweets

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