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EigenLayer outlines mainnet launch roadmap

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EigenLayer, an Ethereum restaking venture, has launched a roadmap for its mainnet launch.

Eigen Labs emphasised a launch technique targeted on safety and efficiency in a current weblog publish, adopting a phased method over the approaching weeks.

The venture, which attracted a $100 million funding from enterprise capital agency Andreessen Horowitz, noticed its property exceed $10 billion earlier this month. EigenLayer allows the re-staking of ether stakes and the securing of third-party protocols with these funds.

EigenLayer Mainnet: The Journey Begins! https://t.co/4kk0E01vsR

We’re excited to announce a multi-phased method to a safe & profitable EigenLayer & @eigen_da mainnet launch!

— EigenLayer (@eigenlayer) March 14, 2024

You may additionally like: Bitcoin mining problem reaches new all-time excessive

The mainnet preparation features a ultimate testnet part on Ethereum’s Holesky testnet, which is able to transition from the Goerli testnet as a result of latter’s lack of assist from Ethereum (ETH) shopper groups.

Over 6,000 operators participated in a stage 2 testnet on Goerli. As EigenLayer advances towards its mainnet, the online app and contracts can be briefly suspended to make sure a managed deployment and easy operator onboarding.

Following this pause, operators will regularly be allowed to register on the mainnet. Roughly a yr prior, Eigen Labs secured $50 million in sequence A funding, led by Blockchain Capital and with contributions from Coinbase Ventures and Polychain Capital, amongst others.

Learn extra: EigenLayer nears $7b TVL, changing into 4th largest restaking protocol

See also  Fraud platform integrates JPMorgan's blockchain solution to verify vendor banking data

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