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Home»Blockchain»EigenLayer outlines mainnet launch roadmap
Blockchain

EigenLayer outlines mainnet launch roadmap

2024-03-14Updated:2024-03-17No Comments2 Mins Read
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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 latest weblog submit, adopting a phased strategy over the approaching weeks.

The venture, which attracted a $100 million funding from enterprise capital agency Andreessen Horowitz, noticed its belongings 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 strategy to a safe & profitable EigenLayer & @eigen_da mainnet launch!

— EigenLayer (@eigenlayer) March 14, 2024

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

The mainnet preparation features a closing testnet part on Ethereum’s Holesky testnet, which can transition from the Goerli testnet because of the 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 might be quickly suspended to make sure a managed deployment and clean operator onboarding.

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

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

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See also  Vitalik Buterin Sends Hidden Message in First Polygon zkEVM Transaction
EigenLayer Launch Mainnet outlines Roadmap
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