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EIGEN Price
$3.60367
+8.07%
Market Cap
$672.38M
24H Volume
$260.05M
Circ Supply
186.58M

EIGEN Market Stats

  • Price $3.60367
  • 1H Change -0.28%
  • 24H Change +8.07%
  • 7 Day Change -3.04%
  • All-Time High $4.51616
  • % From ATH -20.08%
  • ATH Date Oct 1, 2024
Statility

EigenLayer Info

The EIGEN token serves as a universal intersubjective work token tailored for EigenLayer, providing security for a variety of digital tasks that are both intersubjectively attributable and not solely reliant on objective verification. Unlike conventional work tokens that focus on specific digital tasks or verifiable faults on-chain, EIGEN encompasses a wider array of issues where consensus among multiple observers can confirm the correct execution of a task. This broadens the spectrum of tasks that can be securely managed within a blockchain environment. The primary uses of EIGEN tokens include:

  • Staking for intersubjective faults on the EigenLayer platform.
  • Validation tasks across various Actively Validated Services (AVS).
  • Incentivizing and penalizing operators based on their performance.

What Are Intersubjectively Attributable Faults?

Intersubjectively attributable faults refer to errors in digital tasks that cannot be conclusively proven through cryptographic or on-chain evidence but can be acknowledged by external observers. Examples include:

  • Data availability: Assessing whether data is accessible throughout the network.
  • AI inference accuracy: Evaluating the predictions made by AI models within an acceptable margin of error.
  • Oracle price inputs: Confirming the accuracy of reported real-world data.

The EIGEN token is designed to secure services that handle these intersubjective faults, ensuring that penalties are enforced when operators fail to meet expected standards.

EigenLayer Technical Info

EigenLayer News

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