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Easily convert EIGEN to BUSD 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.
BUSD (Binance USD) is a stablecoin pegged to the US Dollar, designed to provide a stable digital currency for trading and transactions on the Binance platform and beyond. It aims to combine the benefits of cryptocurrency with the stability of traditional fiat currencies, making it an essential tool for traders and investors in the crypto space.