Eigenlayer is a protocol built on Ethereum that aims to allow staked ETH to be reused to secure other services besides the Ethereum network's consensus mechanism. The key concept behind Eigenlayer is the introduction of a new primitive called “restaking,” which enables the rehypothecation of ETH on the consensus layer.

Eigenlayer token airdrop

How to Qualify for the Eigenlayer Token Airdrop

EigenLayer has not issued its own token yet, but there's 99% possibility they will introduce one eventually. To engage users, they've implemented a points system, rewarding those who restake through EigenLayer and its affiliated platforms. Participants engaging in both testnet and mainnet activities and accumulating points might be eligible for an airdrop when EigenLayer decides to release its token.

What is Restaking Explained

What is Restaking? An easy introduction

The article discusses the recent innovation of 'restaking' in crypto economics, emerging since Ethereum's transition to a Proof of Stake (PoS) mechanism in 2022. Restaking, introduced by EigenLayer, allows for staked tokens to be used in multiple protocols, enhancing their utility and rewards potential. The article outlines three methods of restaking: Native Restaking, Liquid Restaking (with its two forms, Basket-based and Isolated LSTs), and the emerging Superfluid Restaking.

Eigenlayer: Restaking Your Ethereum

Eigenlayer: Restaking Your Ethereum

EigenLayer is a protocol built on Ethereum that introduces "restaking", a new way for users to re-use their staked ETH to extend security to additional applications on the Ethereum. It allows for the rehypothecation of ETH on the consensus layer and the aggregation of security through restaking.

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