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Easily convert EIGEN to KSM 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.
Kusama (KSM) is a scalable multi-chain network that serves as a testing ground for developers building on the Polkadot blockchain. It allows for rapid experimentation and innovation, enabling projects to deploy their applications and enhance functionalities in a real-world environment before launching on the more stable Polkadot network.