In this episode of Tascha Labs podcast, I talk to Sreeram Kannan, founder of EigenLayer, about a new Ethereum staking modality called “re-staking”. This is a new innovation that can help scale a proof-of-stake ecosystem by improving the system’s capital efficiency.

Lots of interesting and potentially complex economic implications for the Ethereum platform can happen if this type of new regime gets adopted widely. We’ll dig into much of that in this conversation.

0:00 - Today's topic0:15 - Ethereum staking as a financial primitive in blockchain world2:16 - Problems EigenLayer is trying to solve3:38 - Selling & buying in decentralized trust10:42 - Dimensions of decentralized trust12:40 - Reason behind the need for decentralization16:31 - Problem with decentralized trust20:59 - Staking Eth to validate for other protocols24:19 - Return format & method of payment30:36 - Impact of EigenLayer on amount of Eth staked36:51 - Effect on volatility of the validator base42:34 - Impact of EigenLayer on Ether's token price45:38 - Risk comparison between using EigenLayer and going on your own for applications53:35 - Details about EigenDA marketplace1:01:47 - Sharing common decentralized trust framework among platforms1:04:00 - Current status of EigenLayer1:05:34 - Outro

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