Manuel
@manuelmaccou.eth
Has anyone been reading up on EigenLayer? I want to be optimistic but it feels like a mistake given the current state of crypto with regulators. Any thoughts? https://mosaicnetwork.co/question/1687171119664x928665224380998900
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Connor McCormick ☀️
@nor
I still don’t understand the problem they’re solving
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RichCL
@richcl
The “problem” is that web3 doesn’t have protocol level rehypothecation. I wouldn’t call it a real world problem but they get to be the first to solve it.
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Connor McCormick ☀️
@nor
Rehypothecation sounds like exactly the kind of problem web3 solves
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RichCL
@richcl
Fair enough. IMO staking ought be simple and direct, but hey - crypto is about building whatever tf you want.
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Connor McCormick ☀️
@nor
Haha I was just joking, it seems like a real problem and it’s a fun sounding name
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