EigenLayer logo
Website

EigenLayer

EigenLayer a platform to leverage Ethereum security through the innovative method of restaking. EigenLayer is a set of smart contracts on Ethereum that allows consensus layer Ether (ETH) stakers to opt in to validating new software modules built on top of the Ethereum ecosystem.

Fundraising: $14.5 Million

Series A Round: $50 Million

The EigenLayer Stage 1 Testnet

Andreessen Invests $100 Million

IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

scapesmania banner

Overview

Project industryBlockchain Infrastructure
Product typePlatform
FoundedUnited States
WhitepaperEigenLayer White Paper Open
OnepagerEigenLayer Onepager Open

What is EigenLayer

EigenLayer is a protocol built on Ethereum that introduces restaking, a new primitive in cryptoeconomic security. This primitive enables the reuse of ETH on the consensus layer. Users that stake ETH natively or with a liquid staking token (LST) can opt-in to EigenLayer smart contracts to restake their ETH or LST and extend cryptoeconomic security to additional applications on the network to earn additional rewards.

With EigenLayer, Ethereum stakers can help secure many services by restaking their staked ETH and opting-in to many services simultaneously, providing pooled security. Reusing ETH to provide security across many services reduces capital costs for a staker to participate and significantly increases the trust guarantees to individual services.

  • EigenLayer creates a free market for decentralized trust, delivered from Ethereum stakers to modules that desire stake and validation services.
  • By restaking via EigenLayer, Ethereum stakers can opt into providing security and validation services to modules of their choice, either by operating nodes directly, or via delegation to other EigenLayer operators.
  • A variety of lightweight and hyperscale modules can be built on EigenLayer, which can be designed for widespread participation from solo stakers.
  • Modules may also take advantage of significant heterogeneity between stakers, which may differ on axes of computational capacity, risk/reward preferences, and identity.
  • EigenLayer seeks to enable more agile, decentralized, and permissionless innovation on blockchains.

Details

Raised: 164,500,000 USD

Legal

Registration year: 2022

Project team

Sreeram Kannan
Sreeram Kannan
CEO
Sreeram Kannan linkedin
Robert Raynor
Robert Raynor
ENGINEERING
Soubhik Deb
Soubhik Deb
ENGINEERING
Soubhik Deb linkedin
Vyas Krishnan
Vyas Krishnan
PRODUCT
Vyas Krishnan linkedin
Bowen Xue
Bowen Xue
ENGINEERING
Jeffrey Commons
Jeffrey Commons
ENGINEERING
Jeffrey Commons linkedin
Gautham Anant
Gautham Anant
ENGINEERING
Gautham Anant linkedin
Siddhartha J.
Siddhartha J.
ENGINEERING
Siddhartha J. linkedin
Calvin Liu
Calvin Liu
CSO
Calvin Liu linkedin
Daniel Mancia
Daniel Mancia
ENGINEERING
Daniel Mancia linkedin
Chris Dury
Chris Dury
COO
Chris Dury linkedin
Sam Laferriere
Sam Laferriere
ENGINEERING
Sam Laferriere linkedin
Chris Moller
Chris Moller
ENGINEERING
Chris Moller linkedin
Sid Sanyal
Sid Sanyal
VP OF ENGINEERING
Sid Sanyal linkedin
Liz Vortman
Liz Vortman
RECRUITING DIRECTOR
Liz Vortman linkedin
Matheus Pereira
Matheus Pereira
ENGINEERING
Wellington Barbosa
Wellington Barbosa
ENGINEERING
Brianna Montgomery
Brianna Montgomery
STRATEGY LEAD

Social media

EigenLayer web-siteEigenLayer MediumEigenLayer LinkedInEigenLayer Twitter

MVP

MVP URL

Increase your Conversion Rate

Add our widget to your website and make an announcement of the listing in your social media

Horizontal
Square
Light
Dark
Height: 50 px
Width: 160 px

Leave a Reply

Your email address will not be published. Required fields are marked *

Sponsored Crypto Projects