Coinbase Analyst: Ethereum Re-staking Protocol EigenLayer Hides Security and Financial Risks
ChainCatcher message, in a research article on April 2, Coinbase analysts David Han and David Duong revealed the hidden security and financial risks in the Ethereum restaking protocol EigenLayer. EigenLayer allows validators to earn additional rewards or LRT by participating in Active Validation Services (AVS). While the restaking protocol through EigenLayer can park assets and increase yields, it also increases risks. The analysts also emphasized the protocol's potential in promoting Ethereum innovation and infrastructure development.