Full analysis of the EigenLayer ecosystem of Bitcoin: Prologue to the rise of re-pledge and AVS (Part 1) #Bitcoin #Bitcoin #Blockchain #Ethereum #Cryptocurrency #Virtual Currency #Currency Circle #Stock Market

EigenLayer, a re-staking protocol based on the Ethereum network, proposes to utilize ETH staked for Ethereum network verification to share security and capital efficiency with other protocols while providing additional interest to protocol participants. Driven by concepts such as AVS, re-pledge, and points systems, a huge ecosystem has gradually formed. From the beginning of 2024 to now, EigenLayer's TVL has increased 12 times, attracting an investment of approximately US$160 million from crypto VCs including a16z. , quickly rose to the second place in the total TVL ranking of DeFi protocols, second only to Lido. Recently, with the launch of the EigenLayer mainnet, it has aroused heated discussions and widespread attention in the industry.