Oracle RedStone and EigenLayer reach $500 million cooperation agreement
The oracle protocol RedStone announced a $500 million cooperation agreement with the liquidity re-collateralization protocol Ether.Fi. Ether.Fi will invest $500 million to help protect RedStone's data oracle, which is used to transmit information between the blockchain and the outside world. More than 20,000 node operators from Ether.fi will manage RedStone's Active Verification Service (AVS) and use Ether.fi's native liquidity re-collateralization token eETH to prevent active failures and cryptographic economic attacks within RedStone's node provider network.
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