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Easily convert EIGEN to USDB 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.
USDB (US Dollar Blockchain) is a stablecoin designed to maintain a 1:1 peg with the US Dollar, providing users with a reliable digital currency that combines the stability of traditional fiat currencies with the advantages of blockchain technology. It aims to facilitate seamless transactions, enhance financial inclusion, and provide an alternative to conventional banking systems in the digital economy.