Actively Validated Service. A service built on EigenLayer that leverages restaked ETH for security. AVSs can be oracle networks, data availability layers, bridges, or any system that needs economic security. Instead of bootstrapping their own validator set, they rent security from Ethereum stakers through restaking.
An Ethereum protocol that lets you restake your staked ETH to secure additional services and earn extra yield.
Using already-staked crypto to provide security to additional protocols and earn extra yield.
A service or protocol that uses EigenLayer's restaked ETH for its security instead of bootstrapping its own validator set.
Application Binary Interface.
A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.
The way Ethereum and many other chains track balances.
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