Bankless Eigenlayer In 2024 With CEO Sreeram Kannan
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Dec 27, 2023 
Sreeram Kannan, CEO of EigenLayer, and Teddy Knox, Research Engineer, dive into the innovative world of restaking on Ethereum. They discuss how EigenLayer has achieved over a billion dollars in deposits and its potential to create a decentralized marketplace for security. The duo explores technical nuances in blockchain throughput, the impact of liquid staking tokens, and the groundbreaking EigenDA data availability layer. They also highlight the ever-evolving staking landscape and the implications of decentralization on future financial markets.
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Democratizing Restaking
- EigenLayer democratizes restaking rewards by creating an open marketplace.
- This counters potential monopolization by dominant liquid staking tokens.
ETH as Unit of Account
- EigenLayer promotes ETH as the primary unit of account for economic security.
- Initially, all restakeable tokens are ETH-denominated, strengthening ETH's position.
EigenLayer Launch and Staking Caps
- EigenLayer launched mainnet with a capped staked TVL for a guarded launch.
- Native ETH staking is uncapped, while liquid staking tokens have individual caps.