Oracle RedStone and EigenLayer reach a $500 million cooperation agreement
Golden Finance reported that the oracle protocol RedStone announced a US$500 million cooperation agreement with the liquidity re-pledge protocol Ether.Fi. Ether.Fi will invest US$500 million to help protect RedStone’s data oracle, which is used in the region. Transfer information between the blockchain and the outside world. More than 20,000 node operators from Ether.fi will manage RedStone's Active Validation Service (AVS) and re-stake the token eETH using Ether.fi's native liquidity to protect against active outages and cryptography within the RedStone node provider network Economic attacks.
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