Redistribution Live on Mainnet Today
Today, Eigen Labs is pleased to announce Redistribution is live on Mainnet. Redistribution is the next iteration of the slashing functionality of EigenLayer. Redistribution unlocks new use cases for AVSs, offering more options for liquidity management and risk tolerance for them and their customers.
What is Redistribution?
Redistribution is the next phase of EigenLayer’s Slashing upgrade. Slashed funds may now be repurposed and distributed according to their specific use case, instead of being burned. This is an expressive change for slashing, opening up new use cases — such as lending or insurance protocols — by enabling redistribution when commitments are broken or conditions change, such as during liquidation or user reimbursement.
Read More about Redistribution, a Customer Feature, and How to Get Started Here:
https://x.com/eigenlayer/status/1947678548061556781