EigenLayer and EigenDA Launch on Ethereum Mainnet

EigenLayer, a"restaking" service for Ethereum that has already racked up $12 billion in user deposits, announced today that it is officially launching to the blockchain's mainnet. The launch comes alongside the release of EigenDA, a data-availability service from the team behind EigenLayer.

EigenLayer's pitch is that it lets upstart blockchain protocols borrow Ethereum's security – allowing users to take ETH they've staked with Ethereum, and then"restake" it with a much larger pool of ETH from other users in exchange for extra interest. EigenDA, the first AVS to launch, is built by Eigen Labs as a way to help other blockchain protocols store transaction data and other information. It will compete with similar protocols, like Celestia, that have quickly become critical pieces of blockchain infrastructure as the industry has expanded.

Notably, AVSs outside of Eigen Labs' EigenDA will be able to"register" with the protocol, but they will not be able to deploy in full just yet.

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