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Easily convert EIGEN to DAI 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.
Dai (DAI) is a decentralized stablecoin that aims to maintain a stable value relative to the US dollar, primarily functioning within the Ethereum blockchain ecosystem. It is designed to provide the benefits of cryptocurrencies—such as transparency and low transaction fees—while minimizing the volatility typically associated with digital assets.