Restaking protocol EigenLayer partially launches on Ethereum mainnet

EigenLayer is live on the Ethereum mainnet, but several crucial features are still on the way — slated for release “later this year.”

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Ethereum restaking protocol EigenLayer, which touts over $13 billion in assets, has launched onto the blockchain’s mainnet — but some key features are still to come and will go live sometime this year.

EigenLayer announced the launch in an April 9 blog post but added in-protocol payments to operators from actively validated services (AVSs) — such as apps and cross-chain bridges — are yet to come.

A mechanism called slashing — when validators get their staked crypto taken from them if they don’t do their job correctly — is also still on the way.

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