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Easily convert EIGEN to DPI 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.
The DeFi Pulse Index (DPI) is a digital asset index designed to track the performance of decentralized finance (DeFi) assets in the Ethereum ecosystem. It allows investors to gain exposure to a diversified portfolio of DeFi tokens, making it easier to invest in the rapidly evolving DeFi sector without having to purchase each token individually.