EigenLayer: The redistribution mechanism has been launched on the testnet and is expected to go live on the mainnet by the end of June or in July

ChainCatcher message, EigenLayer stated in X that the redistribution mechanism has been launched on the testnet, and AVS can now redirect penalized funds instead of destroying them, thus supporting new use cases such as lending and insurance protocols.

This feature has been running on the Holesky, Sepolia, and Hoodi testnets. The mainnet version is set to be released soon, expected to go live on the mainnet by the end of June or in July.