Unlocking the Future of Open Innovation with EIGEN
The Eigen Foundation is excited to announce the unlocking of the EIGEN token, igniting the future of open innovation and the EigenLayer ecosystem.
The Eigen Foundation is excited to announce the unlocking of the EIGEN token, igniting the future of open innovation and the EigenLayer ecosystem.
What Does Unlock of EIGEN Mean?
The unlocking of EIGEN enables new opportunities for participation across the EigenLayer ecosystem, representing the deepest level of open innovation by empowering developers, stakers, and ecosystem partners to more fully engage with the shared security utility of EIGEN. Developers can build Actively Validated Services (AVSs) that leverage EIGEN staking. Stakers can actively participate in securing these services while diversifying the use cases and ecosystem partners can integrate EigenLayer’s security framework to enhance their protocols.
Key Highlights of the EIGEN Unlock
- Transferability: EIGEN can now be freely transferred, traded, or staked, providing increased flexibility for participants across the ecosystem.
- Open Innovation: Unlock empowers the community and developers to actively shape EigenLayer’s future by creating new decentralized services built on its flexible, cryptoeconomic security layer. This enables the development of AVSs that leverage the security of staked assets, expanding the potential applications in the ecosystem.
- Collaboration: EIGEN's transferability enhances opportunities among developers, builders, and early adopters by encouraging them to stake EIGEN for various execution and validation tasks.
What’s next and why is this important
As EIGEN unlocks, the EigenLayer community unlocks new opportunities for broader engagement and participation across the EigenLayer ecosystem. This moment is a catalyst for economic expansion through greater staking, governance, and protocol development.
- Explore Opportunities: Begin utilizing EIGEN for staking, governance, security, and new initiatives.
- Build and Scale: Developers and AVSs can now use EIGEN to build a stronger, more secure, and more decentralized future for the entire EigenLayer community, pushing the boundaries of what’s possible.
- Engage and Innovate: Participate in the EigenLayer community's conversations to help shape the future of EigenLayer.
Looking ahead for EIGEN, Programmatic Incentives are coming up. This is a protocol feature providing programmatic EIGEN rewards to EIGEN stakers and operators for their active participation in supporting AVSs. In addition, we will be working towards the launch of AVSs that leverage intersubjective slashing, a key protocol concept introduced in the EIGEN Whitepaper.
Learn more about the EIGEN token
- Inside Eigenlayer's Vision for Decentralized Security | Sreeram Kannan
- SBC'24 - Strong Cryptoeconomic Security for Arbitrary Validation Tasks by Sreeram Kannan
- EIGEN: The Universal Intersubjective Work Token
- Pushing Boundaries of Trust
- EIGEN Whitepaper
Unlocking a New Era Together
The EIGEN unlock marks a significant milestone in our mission to advance decentralized innovation. We invite you to continue being an integral part of EigenLayer’s journey—building, scaling, and collaborating to unlock the full potential of decentralized technology.
Thank you for being a key member of the EigenLayer community.
For more information, visit our FAQ or follow us on Twitter at @eigenfoundation.
- Eigen Foundation
Official Links:
- EIGEN Summary Blog Post: blog.eigenlayer.xyz/eigen
- EIGEN Whitepaper: eigen.eigenlayer.xyz
- FAQ: https://docs.eigenfoundation.org
- Blog: blog.eigenfoundation.org
- X: @eigenfoundation
- Website: eigenfoundation.org
Legal
THIS IS NOT AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO PURCHASE ANY EIGEN, AND IS NOT AN OFFERING, ADVERTISEMENT, SOLICITATION, CONFIRMATION, STATEMENT OR ANY FINANCIAL PROMOTION THAT CAN BE CONSTRUED AS AN INVITATION OR INDUCEMENT TO ENGAGE IN ANY INVESTMENT ACTIVITY OR SIMILAR. YOU SHOULD NOT RELY ON THE CONTENT HEREIN FOR ADVICE OF ANY KIND, INCLUDING LEGAL, INVESTMENT, FINANCIAL, TAX, OR OTHER PROFESSIONAL ADVICE, AND SUCH CONTENT IS NOT A SUBSTITUTE FOR ADVICE FROM A QUALIFIED PROFESSIONAL.
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FOR ADDITIONAL INFORMATION, PLEASE REFER TO EIGEN FOUNDATION’S TERMS OF SERVICE, PRIVACY POLICY, AND AIRDROP TERMS OF SERVICE.