EigenDA Introduces ERC-20 Restaking for Layer-2 Networks: What You Need to Know

EigenDA Introduces ERC-20 Restaking for Layer-2 Networks: What You Need to Know

TL;DR EigenDA, EigenLayer’s data availability protocol, will now support ERC-20 token restaking for layer-2 networks. Restaking will allow the use of previously staked tokens to secure other protocols, enhancing security and efficiency for rollups on the platform. EigenDA aims to reduce the costs of storing and accessing on-chain data for layer-2 scaling solutions. EigenLayer has ......

Crypto Economy