What is Eigenpie?

Eigenpie, developed by Magpie, is a platform within EigenLayer focusing on Liquid Restaking services for Ethereum. It allows users to deposit Liquid Staking Tokens (LSTs) and receive a liquid restaked version, enhancing yield on ETH holdings and increasing capital efficiency. The platform uniquely mitigates risks by creating individual restaked variants for each LST, reducing vulnerabilities and potential impacts on other tokens. This approach prioritizes user experience, opportunity expansion, and long-term security in the DeFi ecosystem.