#eigencloud

EigenCloud (perv. EigenLayer) is Ethereum’s main restaking marketplace. You take already-staked ETH (or LSTs like stETH) and opt that capital into securing extra services called AVSs, for extra rewards and extra slashing risk. Operators run the software. Most people touch it through liquid restaking tokens (ether.fi and peers). Dominant restaking TVL. Infrastructure play, not a simple savings APY. Slashing is live. Complexity is the tax.