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What Is Restaking?
17.5.2024
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 security and scalability of blockchain networks, benefiting the entire crypto...
The Protocol: Lido Backers vs EigenLayer
15.5.2024
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
15.5.2024
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 decentralized finance
Eigenlayer team launches EIGEN token - but it’s non-transferable till September
10.5.2024
The Eigenlayer team 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
10.5.2024
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'
10.5.2024
EIGEN's airdrop comes after a wave of criticism of its distribution plan and points program
Thiel-Backed Cryptography Startup Lagrange Raises $13M
8.5.2024
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
6.5.2024
Issues such as community discontent, farm accounts, and restrictive criteria have plagued recent airdrops
EigenLayer to Airdrop 28M More EIGEN After First Airdrop Hits Backlash
3.5.2024
Restaking protocol EigenLayer is handing out an extra 100 EIGEN to 280,000 qualifying wallet addresses after criticism over its first airdrop.
The post EigenLayer to Airdrop 28M More EIGEN After First Airdrop Hits Backlash appeared first on Cryptonews
EigenLayer to cough up around 28M more EIGEN after airdrop backlash
3.5.2024
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
2.5.2024
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
1.5.2024
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
1.5.2024
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
30.4.2024
Although it’s actually conservative
Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations
30.4.2024
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 billion in staked Ether in anticipation...
EigenLayer users fume over restrictive airdrop, others say it’s ‘generous’
30.4.2024
Ethereum restaking protocol Eigenlayer has promised to allocate 15% of EIGEN supply to the community, but not everyone was happy about it
Eigenlayer releases EIGEN white paper, bans airdrop for US users
29.4.2024
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
29.4.2024
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
25.4.2024
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
18.4.2024
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 the threat of slashing cascades impacting...