EigenLayer, a prominent Ethereum restaking project, has unveiled its roadmap for the upcoming mainnet launch. Eigen Labs, the company behind EigenLayer, recently outlined a launch strategy with a strong focus on security and performance in a blog post. This approach will be rolled out in phases over the next few weeks.
With a significant investment of $100 million from venture capital firm Andreessen Horowitz, EigenLayer has seen its assets surpass $10 billion earlier this month. The project’s core functionality lies in enabling the restaking of ether stakes and securing third-party protocols using these funds.
The mainnet launch of EigenLayer marks an important milestone in the project’s journey. The final testnet phase will take place on Ethereum’s Holesky testnet, replacing the Goerli testnet due to the lack of support from Ethereum (ETH) client teams. In the stage 2 testnet on Goerli, over 6,000 operators participated, demonstrating strong community engagement.
As EigenLayer gears up for its mainnet launch, the web app and contracts will undergo a temporary suspension to facilitate a controlled deployment and ensure a smooth onboarding process for operators. Following this brief pause, operators will gradually be allowed to register on the mainnet.
About a year ago, Eigen Labs secured $50 million in series A funding, with Blockchain Capital leading the round and contributions from Coinbase Ventures and Polychain Capital, among others. This financial backing has been instrumental in EigenLayer’s growth and development.
For more insights and updates on EigenLayer’s progress, stay tuned to Global Crypto News.