Justin Drake, a researcher at the Ethereum Foundation, announced his resignation from the Eigen Foundation, which oversees the Eigenlayer restaking protocol, following a controversy in May 2024. Drake disclosed that he resigned from the advisorship in September 2024 and also left the Ultra Sound team. In his public apology, he expressed his intent to avoid any future advisorships and focuses instead on developing Ethereum's layer-1 network. He highlighted that his previous advisorship role received significant financial compensation in EIGEN tokens, which he valued higher than all his other assets. The controversy stemming from his acceptances of roles led the Ethereum Foundation to implement a new policy on conflicts of interest to prevent further backlash from the community.

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