EigenLayer to begin ‘slashing’ restakers in April

EigenLayer plans to start “slashing” restakers on April 17, resulting in the Ethereum restaking protocol’s “first feature-complete iteration,” it said in an April 2 announcement. 

Implementing slashing will mark EigenLayer’s final step toward establishing the protocol as “infrastructure for a new generation of verifiable apps and services built on the Verifiable Cloud,” it said in a post on the X platform.

In 2024, EigenLayer started distributing rewards — including emissions of its native EIGEN token — to incentivize…