EigenLayer, an Ethereum restaking project, has released a roadmap for its mainnet launch.
Eigen Labs emphasized a launch strategy focused on security and performance in a recent blog post, adopting a phased approach over the coming weeks.
The project, which attracted a $100 million investment from venture capital firm Andreessen Horowitz, saw its assets exceed $10 billion earlier this month. EigenLayer enables the re-staking of ether stakes and the securing of third-party protocols with these funds.
EigenLayer Mainnet: The Journey Begins! https://t.co/4kk0E01vsR
We’re excited to announce a multi-phased approach to a secure & successful EigenLayer & @eigen_da mainnet launch!
— EigenLayer (@eigenlayer) March 14, 2024
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The mainnet preparation includes a final testnet phase on Ethereum’s Holesky testnet, which will transition from the Goerli testnet due to the latter’s lack of support from Ethereum (ETH) client teams.
Over 6,000 operators participated in a stage 2 testnet on Goerli. As EigenLayer advances toward its mainnet, the web app and contracts will be temporarily suspended to ensure a controlled deployment and smooth operator onboarding.
Following this pause, operators will gradually be allowed to register on the mainnet. Approximately a year prior, Eigen Labs secured $50 million in series A funding, led by Blockchain Capital and with contributions from Coinbase Ventures and Polychain Capital, among others.
Read more: EigenLayer nears $7b TVL, becoming 4th largest restaking protocol