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Easily convert EIGEN to ACA with ConvertOnline's efficient tool.
EigenLayer (EIGEN) is a decentralized protocol built on Ethereum that allows users to leverage their staked assets to secure additional services and applications. By utilizing a novel mechanism called 're-staking,' EigenLayer enables Ethereum validators to extend their security to various layers and projects, enhancing the overall ecosystem's efficiency and reducing the need for redundant capital.
Acala Token (ACA) is the native utility token of the Acala network, a decentralized finance (DeFi) platform built on the Polkadot ecosystem. It aims to provide a seamless experience for users by enabling cross-chain transactions and a variety of financial services, including staking, lending, and stablecoin issuance.