The liquidity re-staking platform Eigenpie has completed its seed round financing, with participation from the Arbitrum Foundation and others.

the liquidity re-staking platform Eigenpie has completed its seed round financing, with participation from the Arbitrum Foundation, Robot Ventures, PancakeSwap, Relayer Capital, Bitget CEO Gracy Chen, Frax Finance founder Sam Kazemian, Zircuit co-founder Angel Xu, Maelstrom co-founder Akshat, Alex Esin, Matthew Howells, Matt Dobel, CoinFlipCanada, and VelvetMilkman.

The specific amount of financing has not been disclosed. The funds raised will be used to support the long-term development of the EigenLayer liquidity re-staking landscape.

According to RootData, Eigenpie is a re-staking SubDAO that provides Liquid Stake token holders the opportunity to re-stake their assets and expand their profit potential. By creating dedicated liquidity re-staking for each LST accepted on its platform, Eigenpie effectively isolates the risks associated with any specific LST.