EigenLayer stated on social media that the redistribution mechanism has gone live on the Testnet, allowing AVS to reallocate penalized funds instead of destroying them, thus supporting new use cases such as lending and insurance protocols. This feature has been running on the Holesky, Sepolia, and Hoodi Testnets. The Mainnet version is set to launch soon, expected to go live on the Mainnet by the end of June or in July.
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EigenLayer reallocation mechanism log in Testnet Mainnet version expected to launch in June or July.
EigenLayer stated on social media that the redistribution mechanism has gone live on the Testnet, allowing AVS to reallocate penalized funds instead of destroying them, thus supporting new use cases such as lending and insurance protocols. This feature has been running on the Holesky, Sepolia, and Hoodi Testnets. The Mainnet version is set to launch soon, expected to go live on the Mainnet by the end of June or in July.