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Easily convert TLTON to EIGEN with ConvertOnline's efficient tool.
The iShares 20+ Year Treasury Bond Tokenized ETF (Ondo) (TLTon) is a digital representation of a traditional exchange-traded fund that invests in U.S. Treasury bonds with maturities of 20 years or more. By tokenizing this ETF, it allows for greater accessibility and liquidity, enabling investors to trade fractional shares on blockchain platforms, thus broadening the market reach and enhancing the investment experience.
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.