PANews reported on January 14 that according to the announcement of the Eigen Foundation, the Protocol Council has been officially launched and the Foundation has completed the final locking transaction to transfer control to the Council.

The Protocol Council is the core decision-making body of EigenLayer governance, responsible for reviewing and approving EigenLayer Improvement Proposals (ELIPs) to ensure that all protocol upgrades meet security requirements and support the sustainable development of the ecosystem. The council members are composed of diverse representatives of the Eigen ecosystem and aim to promote the decentralized governance of the protocol.