EigenLayer’s Restaking Smart Contracts Reach Max Limit on Same Day as Mainnet Launch, Pulling in $16M

Decentralized finance (DeFi) platform EigenLayer had its first-ever restaking good contracts attain their most limits on Wednesday, the identical day the much-hyped protocol was deployed on the Ethereum mainnet. The contracts, which permit folks to “restake” ether (ETH) and use it to safe different platforms, drew in 9,600 tokens value greater than $16 million.