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Industries
Crypto & Web3
Financial Services
Company Size
51-200
Company Stage
Seed
Total Funding
$159.9M
Headquarters
Seattle, Washington
Founded
2021
EigenLabs enhances the utility and security of Liquid Staking Tokens (LSTs) through a process called "restaking," which allows users to reuse their staked tokens within the EigenLayer ecosystem. This service primarily targets blockchain developers, crypto enthusiasts, and institutional investors looking to optimize returns on their staked assets while maintaining network security. EigenLabs differentiates itself by also offering a decentralized data availability service called EigenDA, built on Ethereum, which is crucial for efficient blockchain operations. The company's goal is to promote open innovation in the decentralized finance (DeFi) sector.
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Total Funding
$159.9M
Above
Industry Average
Funded Over
2 Rounds
Health Insurance
Dental Insurance
Vision Insurance
Home Office Stipend
Flexible Work Hours
Remote Work Options
Unlimited Paid Time Off
401(k) Retirement Plan
401(k) Company Match
Wellness Program
Parental Leave
EigenLayer is a protocol built on Ethereum that introduces “restaking,” enabling ETH stakers to extend Ethereum's security to additional applications and services. By restaking, users can allocate their staked ETH or Liquid Staking Tokens (LSTs) to secure various decentralized services, known as Actively Validated Services (AVSs), in exchange for additional rewards.This approach allows new projects to leverage Ethereum's robust security without establishing their own validator networks, fostering innovation and reducing capital costs. EigenLayer provides a shared security infrastructure that supports various applications, including data availability layers, decentralized sequencers, bridges, and oracles.Developers can build on EigenLayer to access Ethereum's staked capital base and decentralized validator set, enabling new mechanism designs and services. Stakers, in turn, can earn additional rewards by participating in securing multiple protocols simultaneously, enhancing capital efficiency within the Ethereum ecosystem.How to Buy EigenLayer (EIGEN) in 4 Steps1.Compare Crypto Exchanges – Explore our list of top cryptocurrency exchanges offering this token (EIGEN) for purchase. 2.Create an Account – Complete the registration process by verifying your email address and identity to access the platform. 3.Make a Deposit – Fund your account using a Debit Card, Credit Card, Wire Transfer, or Bitcoin
Leading Ethereum's re-staking protocol, EigenLayer has unveiled its second EigenLayer Improvement Proposal (ELIP-002).
EigenLayer, Ethereum's largest restaking protocol, announced the Rewards v2 upgrade, introducing features to enhance flexibility for protocols and validators.
On Sept. 17, EigenLayer launched a programmatic incentives program to woo restakers.
EigenDA is excited to introduce Rewards v2, a proposed protocol upgrade, designed to bring greater flexibility, efficiency, and customization to rewards within the EigenLayer ecosystem.
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Industries
Crypto & Web3
Financial Services
Company Size
51-200
Company Stage
Seed
Total Funding
$159.9M
Headquarters
Seattle, Washington
Founded
2021
Find jobs on Simplify and start your career today