CandleFocus Ethereum Researchers Relinquish EigenLayer Roles Over Conflict of Interest Concerns
2024-11-02
Author: Content Editor
EigenLayer, a cryptocurrency project, has been allowing crypto applications to utilize Ethereum's security through a concept called "restaking." However, controversy arose when two prominent Ethereum Foundation researchers, Drake and Feist, accepted advisory roles with EigenLayer and received a significant sum of EIGEN tokens. This created conflicts of interest within the Ethereum community, resulting in both researchers stepping down from their advisory roles. Concerns were raised that EigenLayer's payouts to Ethereum Foundation researchers were an attempt to influence the overall development roadmap of the Ethereum network. Drake also pledged to refrain from future investments or advisory roles.
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