What is Edgeless?
Edgeless is designed as a Layer 2 (L2) solution built on Arbitrum Nitro, aiming to eliminate fees that are commonly imposed on users of decentralized applications (dApps) in areas such as DeFi, NFTs, and gaming. By removing these application-layer fees, Edgeless creates a more user-friendly environment for frequent users of the blockchain, who typically face high transaction costs.
In terms of functioning as an Active Validated Service (AVS) for restaking, Edgeless would allow users to potentially restake their assets without the added burden of fees, thus fostering higher participation and engagement. Its fee-free model encourages both builders and users to interact with the ecosystem more frequently, potentially creating a high throughput and scalable environment for staking and other blockchain activities. The infrastructure could support native staking yields or restaking rewards without the usual overhead of transaction costs. This makes it an attractive option for those looking for a more cost-efficient way to interact with decentralized services.