Ethereum ‘re-staking’ protocol EigenLayer launches on testnet By Cointelegraph

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© Reuters.

A new protocol that allows validators and stakers to “re-stake” their assets onto other emerging networks has just launched on testnet.

The mainnet launch of the EigenLayer protocol is not expected until Q3, however, and testing will be phased in three stages to onboard various participants into the ecosystem. The first stage is using Ethereum’s Goerli testing network.