Eigenlabs

Eigenlabs

Tech

EigenLayer, After Touching Off Restaking Frenzy, Plans Own EIGEN token

Sreeram Kannan, leader of the project, had previously refused to confirm any plans for an EIGEN token. That hadn't stopped crypto traders from betting heavily on the likelihood; they poured in more than $15 billion of deposits, aiming to collect incentives for early users.

EigenLayer founder Sreeram Kannan at ETHDenver 2024 (Danny Nelson/CoinDesk)

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EigenLabs CEO on Jump in User Deposits

EigenLabs founder and CEO Sreeram Kannan joins CoinDesk TV to discuss EigenLayer recording an increase in user deposits which recently reached around $1 billion. EigenLabs is the organization behind EigenLayer, a blockchain protocol considered a pioneer in the Ethereum ecosystem known for restaking and cross-chain security.

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EigenLabs CEO on Building Decentralized Trust Network

EigenLabs founder and CEO Sreeram Kannan joins CoinDesk TV to discuss decentralized trust. Plus, insights on "native restaking," which is a method that allows protocols without native tokens to build new services within the existing Ethereum network.

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