3 / 4 Relevant items tagged with #Eigenlayer

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The Protocol: Lido Backers vs EigenLayer

[May 15 12:35 PM] In this week's issue, we've got the scoop on a new possible rival to restaking pioneer EigenLayer. PLUS Are meme coins an investable asset class? With the latest Runes data and $70M of project fundraisings.

Lido Co-Founders, Paradigm Secretly Back EigenLayer Competitor as DeFi Battle Lines Form

[May 14 4:32 PM] The popularity of new blockchain “restaking" protocols led by EigenLayer has drawn a response from the principals behind the liquid staking platform Lido, which itself burst onto the scene a couple of years ago to become the largest project in…

EigenLayer Launches Airdrop Season, Allowing Users To Claim 113M EIGEN Tokens

[May 10 6:00 PM] Restaking protocol EigenLayer has unveiled its highly anticipated airdrop season, during which eligible users can claim a portion of the initial EIGEN token supply.  EigenLayer Sets September 2024 Deadline The protocol’s announcement on…

EigenLayer’s Exclusive $15 Billion Token Launch: Who’s In And Who’s Out?

[May 10 5:00 PM] The crypto world is currently abuzz with the launch of EigenLayer’s new token, EIGEN, which has quickly become one of the year’s most anticipated digital asset events. According to Bloomberg, the project has attracted significant…

Eigenlayer launches EIGEN token — but it’s nontransferable till September

[May 10 1:00 PM] Eigenlayer launched a claims process for its highly anticipated EIGEN token, but it won’t be transferable to others until further features are added.

EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It's Non-Transferable

[May 10 11:12 AM] Perpetual futures markets price the fully diluted value of the token at around $15 billion.

EigenLayer's EIGEN Airdrop Might Signal Demise of Once-Popular 'Points'

[May 9 5:12 PM] EIGEN's airdrop comes after a wave of criticism of its distribution plan and points program.

Thiel-Backed Cryptography Startup Lagrange Raises $13M

[May 8 7:00 AM] Lagrange, which specializes in zero-knowledge cryptography, is the latest startup to ride EigenLayer's "restaking" wave.

Ethereum L2 EigenLayer is last of ‘life-changing airdrops,’ experts say

[May 6 1:30 PM] Issues such as community discontent, farm accounts and restrictive criteria have plagued recent airdrops.

EigenLayer to cough up around 28M more EIGEN after airdrop backlash

[May 2 11:50 PM] EigenLayer is handing out an extra 100 to 110 EIGEN to 280,000 qualifying wallet addresses after criticism over its first airdrop.

Friend.tech v2 airdrop could introduce non-transferable token

[May 2 5:43 AM] Making the token non-transferable could force users to pay the 1.5% Friend.tech platform fee in an “ironic” shift from the platform’s non-venture capitalist approach.

The Protocol: EigenLayer's 'Intersubjective Forking' Is Objectively Not Done

[May 1 12:00 PM] Much-hyped restaking project EigenLayer's 43-page whitepaper about its now-revealed EIGEN token has raised lots of questions. They may not matter initially, because much of the promised functionality won't be ready when the token launches.

Restaking 'Gold Rush' Spreads to Solana From Ethereum, With Jito and Others Joining In

[May 1 6:01 AM] Restaking has taken hold of the Ethereum ecosystem. With Jito and a handful of other companies building for Solana, can the trend spread?

Why Eigenlayer’s Airdrop Is Controversial

[Apr 30 2:17 PM] Although it’s actually conservative.

Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

[Apr 29 9:22 PM] The announcement of Eigenlayer’s airdrop, featuring non-transferable tokens and aggressive geo-restrictions, has sparked outrage among users who felt the allocated amount was minimal and the documentation confusing. Despite adding over $15.7…

EigenLayer users fume over restrictive airdrop, others say it’s ‘generous’

[Apr 29 9:00 PM] Ethereum restaking protocol Eigenlayer has promised to allocate 15% of EIGEN supply to the community, but not everyone was happy about it.

EigenLayer Makes A Big Splash With EIGEN Token Launch And Major Airdrop Plan, Get The Full Scoop!

[Apr 29 9:00 PM] EigenLayer, a decentralized restaking protocol built on Ethereum (ETH), has made significant announcements, paving the way for new developments within the crypto ecosystem.  The protocol unveiled its native token, EIGEN, which the newly formed…

Eigenlayer releases EIGEN white paper, bans airdrop for US users

[Apr 29 2:00 PM] The EIGEN token will be used to form consensus around data that is off-chain but easily verifiable, such as whether someone won a bet or adequately stored data.

EigenLayer, After Touching Off Restaking Frenzy, Plans Own EIGEN token

[Apr 29 12:09 PM] Some 45% of the EIGEN token supply will go towards the EigenLayer community, while investors will be allocated 29.5% of the token supply, and 25.5% will go towards early contributors.

EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum

[Apr 25 4:49 AM] The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital.

Eigenlayer Launches on Ethereum Amid Concerns Over Centralization and Potential Security Threats

[Apr 18 5:23 AM] Eigenlayer launched on Ethereum’s mainnet with over $12 billion in total value locked, aiming to create a restaking ecosystem which, while promising lucrative prospects, may introduce unforeseen risks including potential centralization and…

27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks

[Apr 17 11:17 AM] Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more…

Liquid Restaking Protocol Puffer Raises $18M, Led by Brevan Howard, Electric Capital

[Apr 16 4:00 AM] The fresh round of capital will be used to help launch Puffer’s mainnet.

Ether.Fi Inks $500M Restaking Deal With RedStone Oracles

[Apr 12 2:00 AM] Under its deal with RedStone, Ether.Fi will dedicate $500 million to help secure RedStone's data oracles, which are used to pass information between blockchains and the outside world.

The Protocol: How to Engineer Harder Money, or Just Make Your Own

[Apr 10 12:10 PM] Bitcoin's supply growth is set to automatically drop by 50% when next week's "halving" arrives, Ethereum is pondering a cut in ETH issuance, and meme coin issuers are just no-holds-barred spinning up new ones. Blockchain tech is enabling all sorts…

EigenLayer, Crypto's Biggest Project Launch This Year, Is Still Missing Crucial Functionality

[Apr 10 11:59 AM] The "restaking" protocol with $15 billion in deposits won't pay rewards to depositors and is missing its mission-critical "slashing" feature.

Ethereum Could Face 'Hidden Risks' From Ballooning Restaking Market: Coinbase

[Apr 2 9:40 AM] Restaking has grown into the second-largest DeFi sector on the Ethereum blockchain and is likely to become a core part of the network’s infrastructure, the report said.

NEAR Launches Multichain Transaction From One Account Feature

[Mar 26 8:00 PM] Chain signatures allow users to transact on any network from one account.

Ethereum Staking Protocol Swell Unveils Layer-2 Rollup With $1B Total Value Locked

[Mar 13 9:16 AM] Swell developed the rollup alongside Ethereum scaler AltLayer and a16z-backed crypto-staking project EigenLayer.

Ether.Fi to Introduce ETHFI Token on Binance Launchpool Next Week

[Mar 12 10:13 AM] Ether.Fi has shot to the top of the list of crypto's hottest projects as the biggest liquid-restaking protocol by total value locked, or TVL.