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EigenLayer Enhances Security with New Protocol Council

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by A1

4 hours ago


EigenLayer has introduced a new Protocol Council to enhance its platform.

EigenLayer's New Protocol Council

The newly established Protocol Council will be vital in guiding and overseeing the implementation of these features. By carefully evaluating proposed enhancements, the council aims to align improvements with the protocol's long-term goals, foster ecosystem development, and encourage community-driven innovation.

Community Engagement

The foundation has also established the Eigen Council Telegram group to promote active community involvement in governance. This platform enables members to vote on proposals, share ideas, and play a crucial role in shaping the evolution of the protocol. Active participants are rewarded with EIGEN tokens, which encourage engagement and make the governance process interactive and rewarding.

Partnership with Infura

In another development, ConsenSys' blockchain infrastructure protocol, Infura, has partnered with EigenLayer to enhance its Decentralized Infrastructure Network (DIN). This collaboration utilizes EigenLayer's Actively Validated Service (AVS) framework to create a secure and decentralized marketplace for infrastructure services. EigenLayer's restaking protocol allows holders of staked Ether to earn additional rewards by validating off-chain operations.

EigenLayer's initiatives aim to strengthen the platform and enhance its value for users.

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