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EigenLabs improves the utility and security of Liquid Staking Tokens (LSTs) by allowing users to "restake" their tokens within its ecosystem, which helps maximize earnings and enhance network security. The company targets blockchain developers, crypto enthusiasts, and institutional investors looking to optimize returns on their staked assets. Unlike competitors, EigenLabs also offers a decentralized data availability service called EigenDA, which is built on Ethereum to ensure efficient data handling for blockchain networks. The goal of EigenLabs is to promote open innovation in decentralized finance.
Company Stage
Series B
Employees
51-200
Industries
Consulting, Hardware, Fintech, Crypto & Web3
Total Funding
$164.4M
Headquarters
N/A
Founded
2021
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