CALGARY, Alberta — Balance, Canada’s oldest and largest qualified digital asset custodian, launched EigenLayer support for Ethereum restaking. EigenLayer is a protocol on the Ethereum network which enables asset owners to stake native assets su
CALGARY, Alberta -- Balance, Canada’s oldest and largest qualified digital asset custodian, launched EigenLayer support for Ethereum restaking. EigenLayer is a protocol on the Ethereum network which enables asset owners to stake native assets such as ETH, EIGEN, or ERC-20 liquid staking tokens (e.g., stETH, cbETH, lsETH) in order to secure decentralized Ethereum applications. Through this approach, new projects can benefit from Ethereum’s security guarantees without having to go through the costly process of securing their own network. As of the date of this writing over $20B worth of native assets have been restaked through the protocol. Read More
