Akko 🐙

Today the @eigenfoundation introduces EIGEN, based on research by @eigenlabs, alongside a Season 1 Stakedrop. EIGEN is the Universal Intersubjective Work Token, complementing ETH as the Universal Objective Work Token in EigenLayer. See the full Eigen Foundation announcement:

@eigencloud launches on mainnet today, taking the first steps towards our vision of building the verifiable digital commons! ----------- Ethereum is the verifiable internet. Rollup is the verifiable web server. AVS is verifiable SaaS. Eigenlayer is the verifiable cloud. ----------- When you want to build an application, you build an application server. -> When you want to build a verifiable application, you build a rollup. The internet enables applications to communicate with each other. -> Ethereum enables rollups to verifiably communicate with each other. Building all the components of your application for your server is hard, so application servers integrate SaaS solutions, which solve specialized problems. -> Building all the components of your rollup yourself is hard, so rollups can leverage AVS to solve specialized problems in a verifiable manner. Hosting your server and SaaS yourself is hard, so you use a cloud provider, who leverages economies of scale to run all your software. -> Running your own rollup and services verifiably is hard, so you can leverage eigenlayer to verifiably run your rollups and AVS. ----------- Welcome to the verifiable digital commons! -----------

On Liquid Restaking: Risks & Considerations Navigating the complexities of risk is always challenging. Yet, with the rapid expansion of liquid restaking protocols and tokens, highlighting these risks for the community becomes essential. More on this: blog.eigenlayer.xyz/liquid-restaki…