One Ethereum client developer Nethermind announced a partnership with EigenLayer, a restaking platform that leverages Ethereum's security.
The collaboration seeks to drive permissionless innovation within the blockchain ecosystem by combining their respective Ethereum infrastructure and restaking capabilities, according to a statement.
Nethermind has released restaking dashboard for users and helping to establish specifications for node operators within EigenLayer.
EigenLayer allows users to harness Ethereum's security and restake their already-staked ether or Ethereum liquid staking tokens (LSTs) — such as Lido’s stETH, Rocket Pool’s rETH and Coinbase’s cbETH — on other protocols. Restaking enables holders to double down on their staked assets for additional yield, albeit trading off additional risk.
