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Easily convert EIGEN to QQQON 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 Invesco QQQ Tokenized ETF (Ondo) (QQQon) is a digital asset that represents shares of the Invesco QQQ Trust, which tracks the performance of the Nasdaq-100 Index. This tokenized ETF allows investors to gain exposure to a diversified portfolio of the largest non-financial companies listed on the Nasdaq stock exchange using blockchain technology.