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Easily convert IOST to EIGEN with ConvertOnline's efficient tool.
IOST (Internet of Services Token) is a blockchain network designed to facilitate the development and deployment of decentralized applications (dApps) and services. Its primary focus is on scalability and speed, aiming to support a high throughput of transactions to meet the needs of the growing decentralized economy.
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.