EigenLayer is a protocol built on Ethereum that allows validators and stakers to reuse their staked assets to secure additional networks or services, enhancing security and scalability.
Q1: What unique model does EigenLayer use to enhance the security of other protocols?
A1: Shared security model leveraging staked ETH
Q2: What purpose does the insurance mechanism serve in EigenLayer's ecosystem?
A2: To provide a safety net in case of protocol failures or hacks
