EigenLayer’s Restaking Smart Contracts Reach Max Limit on Same Day as Mainnet Launch, Pulling in $16M

Decentralized finance (DeFi) platform EigenLayer had its first-ever restaking smart contracts reach their maximum limits on Wednesday, the same day the much-hyped protocol was deployed on the Ethereum mainnet. The contracts, which allow people to “restake” ether (ETH) and use it to secure other platforms, drew in 9,600 tokens worth more than $16 million.

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