EigenLayer: Pushing Boundaries of Trust
If we had to explain @eigenlayer in six words, it would be: expanding the boundaries of decentralised trust. Restaking expands the scope of capital, while the EIGEN token and intersubjectivity expand the scope of governance.
28% ($84.6B or 34M ETH) of all circulating ETH is staked. Restaking allows validators to use this ETH, which secures Ethereum, to also secure Actively Validated Services (AVS). This isn't just about earning more yield—it's about creating a new layer of responsibility and opportunity for validators. Of the $84.6B, $12B (4.7M ETH) is locked for restaking via EigenLayer.
Intersubjectivity refers to truths that cannot be proven on-chain. Think of them as social truths that any reasonable actors can agree upon. Current governance systems struggle to resolve cases that touch on social truths not found natively on-chain. The dual token model that EigenLayer will be implementing aims to alleviate this problem.
Our latest article by @desh_saurabh provides an overview of these two concepts and how EigenLayer is expanding the boundaries of decentralised trust.
We cover:
▪ What restaking really means
▪ The improving efficiency of cryptoeconomic models
▪ Quantitative impact of restaking
▪ What intersubjectivity is and how it works
▪ EigenLayer's two-token model
▪ Practical examples of where intersubjectivity solves real issues
Link to the full article below.
If we had to explain @eigenlayer in six words, it would be: expanding the boundaries of decentralised trust. Restaking expands the scope of capital, while the EIGEN token and intersubjectivity expand the scope of governance.
28% ($84.6B or 34M ETH) of all circulating ETH is staked. Restaking allows validators to use this ETH, which secures Ethereum, to also secure Actively Validated Services (AVS). This isn't just about earning more yield—it's about creating a new layer of responsibility and opportunity for validators. Of the $84.6B, $12B (4.7M ETH) is locked for restaking via EigenLayer.
Intersubjectivity refers to truths that cannot be proven on-chain. Think of them as social truths that any reasonable actors can agree upon. Current governance systems struggle to resolve cases that touch on social truths not found natively on-chain. The dual token model that EigenLayer will be implementing aims to alleviate this problem.
Our latest article by @desh_saurabh provides an overview of these two concepts and how EigenLayer is expanding the boundaries of decentralised trust.
We cover:
▪ What restaking really means
▪ The improving efficiency of cryptoeconomic models
▪ Quantitative impact of restaking
▪ What intersubjectivity is and how it works
▪ EigenLayer's two-token model
▪ Practical examples of where intersubjectivity solves real issues
Link to the full article below.
@eigenlayer Read on: decentralised.co/p/pushing-boun…
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