Eigenlayer plans to start remains “reduction” on April 17, which led to the “first iteration of the first functionality” of Ethereum, in an announcement of April 2.
The implementation of Slashing will mark the last stage of Eigenlayer towards the creation of the protocol as “infrastructure for a new generation of verifiable applications and services built on the verifiable cloud”, he declared in an article on the X platform.
In 2024, Eigenlayer began to distribute rewards – including emissions from his clean native token – to encourage reshists. However, the Slashing has so far been limited to the Eigenlayer test tests.
Once the boost is live, node operators and reshists will be able to voluntarily “opt-in”, which has led to a progressive transition for users, said Eigenlayer in a blog article.
Slashing soon starts on the Eigenlayer eigenlayer. Source: Gourmet
In relation: Eigenlayer Eyes Consumer Adoption Post Eigen Unlock, said the founder
Progressive deployment
Launched in 2023, Eigenlayer secures third -party protocols – nicknamed actively validated services (AVSS) – against an “enriched” cryptocurrency pool used as guarantee.
The reinstallation consists in taking a token which has already been marked out – displayed as guaranteed with a validator in exchange for awards – and to use it to secure other protocols simultaneously.
Reduction is the main method for securing protocols of evidence of start -up – including Ethereum as well as “replenishment” protocols such as Eigenlayer – and implies the penalization of node operators of a network for poor performance or poor behavior.
“If operators do not meet the defined conditions, the AV can penalize them. But, if the operator is successful, AvSS can reward the operator’s performance and encourage a specific activity,” said Eigenlayer in a blog article on April 3.
This “allows a free market where operators can earn rewards for their work and AVSS can launch verifiable services,” said the post.
Total value of locked eigenlayer (TVL) over time. Source: Defillama
Growing ecosystem
More than 30 AVSS are already live on the main network of Eigenlay, and dozens of others are being developed.
They include Eignda – managed by Eigenlayer Developer Eigen Labs – and Arpa Network, a protocol specializing in randomization without confidence.
In October, Eigenlay unlocked his native token, Eigen. It is designed as a more flexible option to secure the consensus -based protocols than the other evidence of evidence, like Ether, according to Eigenlayer.
Eigenlayer favors the integration of crypto-native applications into segments such as decentralized finance (DEFI) and the game before stretching beyond web3, said founder Sreeram Kannan in October.
“We are starting through the upside down approach, focusing on high -speed consumer -public applications like DEFI and games, but once we have grown up a little more and have a critical mass, we will go out and start to target wider consumer markets,” Kannan said.
Review: XRP Win leaves Ripple an unprecedented legal actor Crypto
