EigenLayer introduces the Protocol Council to enhance security and community-driven growth, while rewarding voters with $EIGEN tokens.
EigenLayer just dropped big news: they’ve formed the Protocol Council to boost security and keep the protocol running smoothly. The council’s main job is to review and approve upgrades to the EigenLayer system, making sure everything aligns with long-term goals and supports decentralized growth. And it’s not just about tech—this move opens up more opportunities for the community to get involved.
If you don’t know, EigenLayer is a protocol built on Ethereum that’s all about restaking. Basically, if you’ve staked ETH to help secure Ethereum’s network, you can also use that staked ETH to back other decentralized services like oracles, sequencers, and data availability layers. This helps secure a bunch of decentralized applications, opening the door for more cool projects to thrive.
To keep the community in the loop, EigenLayer launched the Eigen Council Telegram group. This is where anyone can vote on proposals, share ideas, and even get rewarded with $EIGEN tokens for being active voters.
On top of that, EigenLayer also supports using any ERC-20 token for restaking, letting you use assets like AVS, stablecoins, or even Bitcoin-denominated tokens to secure more networks and earn rewards. Big moves for decentralized growth!
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