Ethereum Client Developer Nethermind Partnered with EigenLayer

Ethereum Client Developer Nethermind Partnered with EigenLayer

One Ethereum client developer Nethermind announced a partnership with EigenLayer, a restaking platform that leverages Ethereum's security.

The collaboration seeks to drive permissionless innovation within the blockchain ecosystem by combining their respective Ethereum infrastructure and restaking capabilities, according to a statement.

Nethermind has released restaking dashboard for users and helping to establish specifications for node operators within EigenLayer.

EigenLayer allows users to harness Ethereum's security and restake their already-staked ether or Ethereum liquid staking tokens (LSTs) — such as Lido’s stETH, Rocket Pool’s rETH and Coinbase’s cbETH — on other protocols. Restaking enables holders to double down on their staked assets for additional yield, albeit trading off additional risk.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Ethereum

Staking

In This Article

Related News
Daily Market Wrap | Aug. 15 Daily Market Wrap | Aug. 15
Daily Market Wrap | Aug. 14 Daily Market Wrap | Aug. 14
 Daily Market Wrap | Aug. 13 Daily Market Wrap | Aug. 13
Daily Market Wrap: Anti CBDC Bill Daily Market Wrap: Anti CBDC Bill
Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block Ethereum community plans onchain ‘time capsule’ to mark 10th anniversary of network’s genesis block
Latest News More More
3 Days Ago Daily Market Wrap | Aug. 12
4 Days Ago Daily Market Wrap | Aug. 11
Aug 8 Daily Market Wrap | Aug. 08
Aug 7 Daily Market Wrap | Aug. 07
Aug 6 Daily Market Wrap | Aug. 06
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open