EigenLayer (EIGEN)

Unverified

Loading...

Loading...

EIGEN price prediction, EIGEN price today, how to buy EigenLayer coin

About EIGEN

EigenLayer (EIGEN) is a decentralized protocol and cryptocurrency that empowers innovators to explore new applications of blockchain technology by leveraging staked ETH or ERC20 tokens as cryptoeconomic security for various protocols beyond Ethereum. Created to maximize open innovation, EigenLayer introduces a shared security commons, enabling developers to build a wide range of applications, including transaction ordering, databases, prediction markets, storage services, oracles, and artificial intelligence. The EIGEN token, designed to complement ETH restaking, provides a mechanism to handle "intersubjective" faults, or behaviors that are not identifiable on-chain but warrant a penalty, through a process called "intersubjective forking." With its unique governance system, EigenGov, and the support of the Eigen Foundation, EigenLayer is poised to accelerate the growth of its ecosystem, providing a secure, decentralized, and scalable solution for the next generation of blockchain applications.

Convert Fiat to EigenLayer

Loading...

Price Prediction Calculator

Fact Sheet

Explorer
Exchanges
Social Media
Blockchains
Ethereum logo

News

Deutsche Bank Macro Strategist: Trump's Bitcoin Reserve Is 'Nothing New'

Marion Laboure, managing director and macro strategist at Deutsche Bank, stated that she viewed Trump's bitcoin reserve move as nothing new, just a continuation of the crypto evolution that started last year. She also noted that many cryptocurrencies were destined…

Deutsche Bank Macro Strategist: Trump's Bitcoin Reserve Is 'Nothing New'

Circle and SBI Ignite Stablecoin Expansion in Japan—Major Exchanges Locked in

Circle secures Japan’s first stablecoin approval, unleashing a new era of digital finance, trading, and payments through a groundbreaking partnership with SBI Holdings. 'First and Only Stablecoin' Approved for Use in Japanese Markets Circle Internet Group Inc. advanced its international…

Circle and SBI Ignite Stablecoin Expansion in Japan—Major Exchanges Locked in

Hashrate Approaches Record High as Bitcoin Price Drives Mining Gains

Bitcoin’s hashrate has been climbing steadily, with the network adding 40 exahash per second (EH/s) over the past five days, reaching 836 EH/s—edging close to the protocol’s historical peak. In addition, as bitcoin’s price has moved upward, the hashprice—representing the…

Hashrate Approaches Record High as Bitcoin Price Drives Mining Gains

First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live

First-ever tokenization of U.S. dollar bank deposits on Ethereum signals a seismic shift in traditional finance, with stablecoins now fully regulator-approved. Custodia and Vantage Bank Complete Historic Stablecoin Transaction on Ethereum Custodia Bank announced on March 25 that it had…

First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live

XRP Enters Regulated Spotlight as 21Shares Hits Nasdaq Stockholm With Fully-Backed ETP

XRP’s pivotal role in cross-border payments gains momentum as new ETPs debut on Nasdaq Stockholm, signaling a breakthrough for compliant crypto access across Europe. XRP Accelerates ‘Breakthrough Moment for Crypto in Europe’ With Compliant ETP Access Crypto investment firm 21Shares…

XRP Enters Regulated Spotlight as 21Shares Hits Nasdaq Stockholm With Fully-Backed ETP

Frequently Asked Questions about EigenLayer

What is EigenLayer (EIGEN)?

EigenLayer (EIGEN) is a cryptocurrency and a decentralized protocol that enables the creation of a shared security commons, allowing developers to leverage staked ETH or ERC20 tokens as cryptoeconomic security for various protocols beyond Ethereum. It aims to maximize open innovation and empower innovators to explore new applications of blockchain technology.

What is the main purpose of the EIGEN token?

The EIGEN token is designed to empower the EigenLayer ecosystem by providing a mechanism to handle 'intersubjective' faults, or behaviors that are not identifiable on-chain but warrant a penalty. It introduces a process called 'intersubjective forking,' allowing users to opt into the version they deem valid.

What are intersubjective faults in the context of EigenLayer?

Intersubjective faults refer to instances of misbehavior that cannot be objectively identified on-chain, yet are evident to all reasonable observers. Two individuals would agree that a penalty is deserved in such cases, and the EIGEN token provides a mechanism to address these faults.

How does EigenLayer's governance system work?

EigenLayer's governance system, called EigenGov, is designed to transition full control over protocol upgrades and administrative smart-contract actions to community contributors. The Eigen Foundation will continue to play a key supporting role in stewarding the ecosystem until later stages of decentralization.

What is the role of the Eigen Foundation in the EigenLayer ecosystem?

The Eigen Foundation is an independent, shareholder-less entity dedicated to accelerating the growth of the EigenLayer ecosystem. Its key objectives include fostering research, development, and adoption of the protocol, as well as supporting decentralized governance.

What is Programmatic Incentives V1, and how does it work?

Programmatic Incentives V1 is a protocolized system of continuous rewards that provides predictable incentives to stakers and operators actively providing restaked security. It distributes EIGEN tokens based on activities, such as staking and delegating, and aims to strengthen incentive alignment and subsidize the restaking marketplace.

How can I claim programmatic incentives in EigenLayer?

Programmatic rewards can be claimed by qualified stakers and operators every Tuesday at 19:00 UTC. Direct stakers and operators can claim via the EigenLayer dApp, CLI, or directly via smart contract, while LRT stakers should engage with their respective LRT protocols to understand how rewards will be managed.

What are the benefits of using EigenLayer and the EIGEN token?

EigenLayer and the EIGEN token offer a decentralized and secure way to leverage staked tokens as cryptoeconomic security for various protocols. It enables innovators to explore new applications of blockchain technology, provides a mechanism to handle intersubjective faults, and offers a shared security commons.