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Easily convert EIGEN to CHEQ 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.
Cheqd (CHEQ) is a blockchain-based cryptocurrency designed to facilitate secure and decentralized identity solutions. It empowers individuals and organizations to manage and verify digital identities while maintaining control over their personal data, thereby enhancing privacy and trust in digital interactions.