Ethereum Foundation blasted for EigenLayer conflicts of interest
Two Ethereum Foundation researchers have disclosed advisory roles at restaking protocol EigenLayer’s EigenFoundation, raising concerns over potential conflicts of interest within Ethereum’s core development team. On Sunday, Justin Drake announced his advisorship via X (formerly Twitter), stating the “community deserves transparency.” Two days later, Dankrad Feist also disclosed his role at EigenLayer, “on the same conditions” as Drake. Both state that their involvement comes with significant token allocations, but that their work will be specifically focused on the protocol’s risks. Drake states that he will reinvest or donate the proceeds to ‘worthy projects’ and that he had previously posted about the role in response to an Orbholder’s question, over one month prior. Feist plans to focus on risks and decentralization. “I am therefore fully expected to take contrarian views on Eigenlayer,” he says. Drake’s disclosure came the day after a post from influential cry...