- Strategic Deployment and Security Measures: EigenLayer’s disclosure of a detailed roadmap emphasizes a meticulous approach to the mainnet launch, prioritizing both security and performance.
- By introducing a multi-phased approach and temporarily pausing deposits and withdrawals on the mainnet to facilitate controlled deployment and onboarding of operators, Eigen Labs underscores its commitment to ensuring a seamless transition while maintaining the integrity of the network.
EigenLayer, renowned for its Ethereum-based restaking initiative, has disclosed a detailed roadmap elucidating the steps leading to the release of its mainnet.
Eigen Labs stated in a blog post on Thursday that “a seamless launch that prioritizes both security and performance remains our primary focus.” “To achieve this, we’re introducing a multi-phased approach starting now and ongoing for the next several weeks.”
The primary development team behind EigenLayer, Eigen Labs, received a $100 million investment last month from venture capital company Andreessen Horowitz. Earlier this month, the total value of assets put in the initiative exceeded $10 billion.
With EigenLayer’s protocol, users can allocate their ether stakes to economically safe third-party protocols by either natively restaking validators’ ether stakes or by using liquid staking tokens.
Starting its final testnet on Ethereum’s Holesky testnet, which will be “operational soon,” is part of the project’s ramp-up to the mainnet, according to the post. Six thousand operators tested the network on Goerli during a “stage 2” testnet. Eigen Labs further stated that the final EigenLayer testnet is now transferring to Holesky since “Goerli is no longer actively supported by the Ethereum client teams.”
EigenLayer mainnet acceleration
Eigen Labs stated that its “webapp and all contracts on the mainnet will be paused to facilitate a controlled deployment and onboarding of operators onto the network” as the company gets ready for EigenLayer’s mainnet launch. Eigen Labs stated, “This temporary halt in deposits and withdrawals will help ensure a smooth transition.”
The group added that operators will eventually be able to register on the mainnet.
Eigen Labs completed a $50 million Series A investment round around a year ago, with participation from several investors including Coinbase Ventures and Polychain Capital, lead by Blockchain Capital.
The goal of the Ethereum-based EigenLayer protocol is to optimize the financial potential of staked ETH. It removes the need for additional collateral by enabling users to use their current Ethereum holdings to secure new protocols and apps.
EigenLayer connects operators, developers, and restakers in an effort to create a decentralized trust marketplace. This project improves the Ethereum experience overall while offering holders of ETH more benefits and helping to create a more connected and effective blockchain environment.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
