EigenLayer Developers Expand Support to Permissionless Tokens
CryptoNewsTerminal Staff14 Aug, 2024
EigenLayer Developers Expand Support to Permissionless Tokens
According to The Block, EigenLabs, the development team behind the Ethereum (ETH) restaking protocol EigenLayer, has announced plans to support permissionless tokens. This feature, slated for release on the mainnet next week, will reportedly allow any ERC-20 token to be incorporated as a restakable asset. The move signifies a significant step for EigenLayer, broadening its utility and further aligning it with the decentralized ethos of Ethereum. Permissionless token support empowers users to stake and earn rewards on a wider range of digital assets, fostering greater flexibility and choice within the ecosystem.