EigenLayer (EIGEN), the ideal Ethereum restaking platform, is expanding its choices by introducing new restaking choices for Bitcoin (BTC) and Ethereum (ETH) holders. On November 4, EigenLayer launched improved yield choices for wrapped Bitcoin and distributed payouts from P2P.org, a properly-identified node operator on the platform.
The ARPA Community, a protocol that makes expend of the EigenLayer infrastructure, will now allow customers to kind rewards in uniBTC. The protocol states that by supporting uniBTC, ARPA goals to raise liquidity for Bitcoin holders by offering new incentives for those collaborating within the restaking ecosystem and expanding liquidity choices.
On the identical day, P2P.org, the fundamental validator of EigenLayer, distributed $2.2 million in ETH as a reward to restakers. As the ideal operator of EigenLayer, P2P.org manages over $540 million in collateral, which it makes expend of to validate and stable various decentralized applications. P2P.org performs a key role within the platform’s expanding restaking ecosystem and competes with other properly-identified operators similar to Figment, Blockdaemon, and Ankr.
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