Use Case
EigenLayer empowers Ethereum stakers to secure multiple services by restaking their ETH and opting into numerous services concurrently, fostering pooled security. This approach not only lowers the capital requirements for stakers but also enhances trust assurances for each service.
While this pooled security offers the Ethereum ecosystem immense value from a security and infrastructure perspective, stakers now have their Ethereum assets locked within a variety of staking contracts, and are left without the ability to easily utilize their $ETH for yield or collateral purposes.
This paradigm is solved through L3X, which provides both a lightning fast, reliable trading focused network and native perpetual trading functionality that allows users to use LRTs (Liquid Restaking Tokens) from the Eigenlayer ecosystem as both collateral and liquidity for real yield.
With the opportunity to leverage billions in LRTs for value generating activities, the L3X ecosystem is the first of its kind, and combines proven technology powered by Vela with the capabilities of next generation chain infrastructure provided by Arbitrum Orbit.
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