EigenLayer, Crypto's Biggest Project Launch This Year, Is Still Missing Crucial Functionality

In EigenLayer’s current, arguably still larval state, however, EigenDA relies on a strikingly conventional security model. The protocol is controlled by a globally distributed set of operators, but they won’t be financially punished if they act dishonestly – a core component of EigenLayer’s purported security model. The protocol also won’t pay out rewards to depositors, which is supposed to be the main incentive for restaking.