The key functions of the cryptocurrency project EigenLayer are not yet complete. The "re-collateralization" agreement, which has a deposit of $15 billion, has not paid depositors' rewards and also lacks a key "punishment" function. Although the project attracted $12 billion in user deposits when it was launched on the Ethereum mainnet, most of the core functions have not been activated, including the reward system and "punishment" mechanism. Despite attracting widespread attention from the market, EigenLayer has not yet achieved the expected level, and market expectations continue to rise. EigenLayer founder and chief architect Sreeram Kannan admitted in an interview that the project will continue to move forward without some key functions, but will be launched in "stages" on an unspecified timetable.