EigenLayer's redistribution feature is now live on the testnet. This feature allows the Active Verification Service (AVS) to reallocate confiscated funds instead of destroying them, opening up new use cases such as lending and insurance agreements. Currently, the feature is live on the Holesky, Sepolia, and Hoodi testnets, and is expected to go live on mainnet in late June or July.
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The EigenLayer redistribution feature is now live on the Testnet, opening up new scenarios for lending insurance protocols.
EigenLayer's redistribution feature is now live on the testnet. This feature allows the Active Verification Service (AVS) to reallocate confiscated funds instead of destroying them, opening up new use cases such as lending and insurance agreements. Currently, the feature is live on the Holesky, Sepolia, and Hoodi testnets, and is expected to go live on mainnet in late June or July.