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Home»Blockchain»EigenLayer outlines the roadmap for the mainnet launch
Blockchain

EigenLayer outlines the roadmap for the mainnet launch

2024-03-17No Comments2 Mins Read
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EigenLayer, an Ethereum recovery project, has released a roadmap for mainnet launch.

Eigen Labs highlighted in a recent blog post a launch strategy focused on security and performance, with a phased approach being taken over the coming weeks.

The project, which attracted a $100 million investment from venture capital firm Andreessen Horowitz, saw its assets surpass $10 billion earlier this month. EigenLayer enables re-settling ether stakes and securing third-party protocols with these funds.

EigenLayer Mainnet: the journey begins! https://t.co/4kk0E01vsR

We are excited to announce a multi-phase approach to a safe and successful launch of EigenLayer and @eigen_da mainnet!

— EigenLayer (@eigenlayer) March 14, 2024

You might also like: Bitcoin mining difficulty reaches new all-time high

The mainnet preparation includes a final testnet phase on Ethereum’s Holesky testnet, which will transition from the Goerli testnet due to the lack of support from Ethereum (ETH) client teams.

More than 6,000 operators participated in a phase 2 test network at Goerli. As EigenLayer approaches its mainnet, the web app and contracts will be temporarily suspended to ensure controlled deployment and smooth operator onboarding.

After this pause, operators will be able to gradually register on the main network. About a year earlier, Eigen Labs secured $50 million in Series A funding, led by Blockchain Capital and with contributions from Coinbase Ventures and Polychain Capital, among others.

Read more: EigenLayer is approaching a TVL of $7 billion, becoming the fourth largest readmission protocol

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See also  Soneium joins the Chainlink Scale program and integrates Chainlink data feeds into its Minato testnet
EigenLayer Launch Mainnet outlines roadmap
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