Re-staking, which allows users to reuse their already staked tokens to provide security for other applications, has been a dominant narrative in #Ethereum over the past six months.

#EigenLayer , the largest and one of the pioneering projects in this sector, has led this narrative and dominates the majority of the total value locked (TVL) in the market.

Currently, EigenLayer holds $16 billion in TVL, representing more than 85% of the total market. To summarize briefly, EigenLayer allows Ethereum stakers to reuse their staked ETH to secure other applications (known as Actively Validated Services or "AVS"). Stakers can select these services and earn a yield for doing so. In return, they agree to grant EigenLayer additional slashing rights over their staked ETH.

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