Gitcoin

EigenLayer is a protocol built on Ethereum that introduces Restaking, a groundbreaking concept allowing users to extend Ethereum’s cryptoeconomic security to new decentralized services. It acts as a “marketplace for trust,” connecting restakers, operators, and Autonomous Verifiable Services (AVSs) — the new generation of verifiable Web3 infrastructure. Developers can build services secured by Ethereum without needing to bootstrap their own validator network or token-based security model. Through EigenLayer, restakers can deposit ETH, liquid staking tokens (LSTs), EIGEN, or other ERC-20 tokens to secure emerging decentralized applications. This shared security model fosters rapid innovation while maintaining decentralization and reliability. Simply put, EigenLayer empowers builders to launch scalable, secure Web3 services faster, at lower cost, and with Ethereum-grade trust.

Hermez is an open-source ZK-Rollup optimized for secure, low-cost and usable token transfers on the wings of Ethereum. Hermez seamlessly integrates into the fabric of the Ethereum ecosystem and enables low-cost token transfers for an inclusive economy. Cost-efficient token transfers and swaps with high throughput. Decentralized and open-source architecture. Computational integrity for secure transactions. By using zero-knowledge technology, transfer costs are significantly reduced, allowing more accessible financial services for mainstream adoption. Computational integrity and on-chain data availability are guaranteed by zero-knowledge-proof technology while preserving the public blockchain properties of Ethereum. Hermez's mission is to create an inclusive, resilient and highly efficient payment network for the next generation of digital currencies to ensure everyone has the freedom to transact.