EigenLayer is a protocol built on [[Ethereum]] that allows users who have staked their Ether ([[ETH]]) to "re-stake" it to secure other applications and networks. This means that the ETH used to secure Ethereum can also be leveraged to provide security for other services, increasing capital efficiency and strengthening the overall #cryptocurrency ecosystem. Think of it as a way to amplify the security of Ethereum by allowing its staked ETH to do double duty. EigenLayer aims to foster innovation and interoperability within the #blockchain space by making it easier for new projects to launch with robust security.