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TechFlow reports that the Eigen Foundation has allocated its first strategic grant to the Celo Foundation to support the use of EigenDA on the Celo Layer 2.
Notably, cLabs first proposed migrating Celo from an EVM-compatible L1 during EthCC last July, recommending the adoption of EigenDA. Migrating to an L2 with EigenDA will help avoid the high costs associated with native Ethereum storage, preserving Celo's ultra-low transaction fees.
The Eigen Foundation has allocated its first strategic grant to the Celo Foundation to support the use of EigenDA in the Celo Layer 2. cLabs first proposed migrating Celo from an EVM-compatible L1 during EthCC last July, recommending the adoption of EigenDA. Moving to an L2 with EigenDA helps avoid the high costs associated with native Ethereum storage, preserving Celo's ultra-low transaction fees.
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