What Is Restaking?
The concept of restaking introduces a groundbreaking way for people to utilize their staked cryptocurrency across various protocols simultaneously. This not only boosts reward potential but also significantly enhances the…
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Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations
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…
EigenLayer unveils EIGEN token with an airdrop set to May 10
The Eigen Foundation's new EIGEN token will be airdropped to Ethereum stakers on May 10, granting 5% of the token's total supply. The post EigenLayer unveils EIGEN token with an…
ezETH depeg puts ETH restaking volatility into the limelight
Renzo's ezETH suffers a severe price drop and high trading volume as the liquid restaking market faces volatility and liquidations. The post ezETH depeg puts ETH restaking volatility into the…
Eigenlayer Launches on Ethereum Amid Concerns Over Centralization and Potential Security Threats
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…