Key point. EigenLayer will soon support any ERC-20 token as an over-issued asset, enhancing the crypto-economic security of distributed networks.
Unauthorized support for EigenLayer tokens will begin on the #core network next week, with UI support scheduled for late Q3 2024.
The upcoming support for permissionless EigenLayer tokens will allow protocols to integrate any ERC-20 asset as a re-collateralization asset.
support for permissionless EigenLayer tokens will launch on the core network next week. The move should allow for a greater variety of asset types to be used to protect decentralized networks while enhancing the crypto-economic security of ERC-20 tokens.
The new feature will allow for a variety of ERC-20 assets, including native AVS tokens, stablecoins and BTC-denominated tokens, to be used to enhance crypto-economic security. If trials on the test network are successful, EigenLayer will move into the mainnet phase, with UI support beginning late in the third quarter of 2024.
EigenLayer is the first re-mining project that will allow those who have staked #MarketDownturn to continue to benefit and improve the security of the #MarketDownturn network.
the EigenLayer protocol allows Ether stakes to be re-mined directly from a validator or through liquid #token plugs. This transfers user funds to an economically secure third-party protocol, extending the safety zone of decentralized finance.
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