01:50
Eigen Labs: The redistribution mechanism has been launched on the Mainnet.
PANews July 23 news, according to the official blog, Eigen Labs announced that the redistribution mechanism has been launched on the Mainnet. The redistribution mechanism is the next-generation iteration of EigenLayer's slashing feature. Redistribution unlocks new use cases for AVS, providing more options for liquidity management and risk tolerance for AVS and its clients. Under the redistribution mechanism, the slashed funds can now be redistributed according to their specific use cases, rather than being destroyed.
EIGEN-8.51%