EigenLayer Secures Ethereum Foundation Researcher as Advisor
CryptoNewsTerminal Staff19 May, 2024
EigenLayer Secures Ethereum Foundation Researcher as Advisor
Justin Drake, a prominent researcher at the Ethereum Foundation, has joined the EigenLayer Foundation as an advisor. Drake's role will be to provide guidance and feedback on risk mitigation strategies for the EigenLayer staking protocol, ensuring its security and reliability. In recognition of his expertise, Drake will reportedly receive millions of tokens as compensation over a three-year period. However, demonstrating his commitment to the Ethereum ecosystem, Drake intends to reinvest these tokens back into the network. Drake's appointment further strengthens the connection between EigenLayer and the Ethereum community. EigenLayer's goal of enhancing staking security and scalability aligns with Ethereum's long-term vision. As an advisor, Drake will play a pivotal role in shaping the future of staking on both the Ethereum and EigenLayer networks.
