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The NEAR Foundation has partnered with Eigen Labs to jointly develop the Layer2 project, EigenLayer
The NEAR Foundation has announced a partnership with Eigen Labs to enable faster and cheaper Web3 transactions for Ethereum rollups through EigenLayer. EigenLayer aims to be the world's first "fast finality layer" for Ethereum Layer 2, and the team says that the network's transaction time will be reduced to 3-4 seconds, and the cost of transacting on top of this will be 4,000 times cheaper than the current one.