This collaboration could prove to be a significant move for the Ethereum ecosystem, as it expands the reach of EigenLayer’s restaking model and brings it to a wider audience of users.
This new feature will allow Kraken users to make decentralized applications more secure and liquid while earning staking rewards in exchange.
EigenLayer allows the reuse of staked ETH to provide liquidity to dApps, which in turn leads to boostd security and reduced uncertainty.
Ethereum-based restaking platform EigenLayer is partnering with renowned cryptocurrency exchange Kraken to provide an additional layer of security for Ethereum.
