IOSG Ventures Investment Director Momir Amidzic: The emergence of Eigenlayer has opened up a new narrative for re-staking, but caution is still needed when it comes to new risks and added security assumptions.

On September 11th, Momir Amidzic, the Investment Director of IOSG Ventures, spoke at the "Build for Miracle" summit co-hosted by Metastone and BlockBeats. During the "Narratives to Watch in the Future Bull Market" themed roundtable, he discussed the concept of modular narratives in relation to the idea of sharing. With the development of blockchain technology, modularization is a natural step in technical evolution. Instead of viewing blockchain as a whole, it is thought of as independent categories of its main components, such as the execution layer, settlement layer, and DA layer. This has led to an interest in modularization from some decentralized finance protocols, which seek to increase their protocol sovereignty. However, Amidzic warns against the dangerous trend of exploring sovereignty roles and emphasizes the importance of maintaining an open mind towards different use cases. Additionally, he finds the development of Eigenlayer interesting as it allows middleware and infrastructure layers to utilize Ethereum's trust and create a trust network for POS systems. However, he cautions that careful consideration must be taken when adding new risks and security assumptions, especially for financial applications. The summit took place on September 11th from 9:30 to 22:00 at PARKROYAL COLLECTION Marina Bay Singapore, 6 Raffles Boulevard, 039594.