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FIO Protocol (FIO) is designed to improve the usability of cryptocurrencies by providing a decentralized, user-friendly interface for sending and receiving digital assets. It allows users to create human-readable addresses for their crypto wallets, eliminating the need for complex alphanumeric strings, and enhances the overall experience of crypto transactions.
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.