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The upgrade aims to enhance rewards for restakers.
EigenLayers EIGEN token is scheduled to unlock at 5:00 am UTC on Oct. 1 and will start trading on exchanges such as Binance soon after.
Upcoming Binance Launchpad incentives, CZs upcoming release and BNB Chains use cases outside of DeFi appear to be behind BNBs rally.
Interest in restaking and liquid staking protocols is surging across notable blockchain networks, including Ethereum and Solana.
It will be an important test case for EigenLayer and other restaking protocols, which promise extra yield on staked tokens in exchange for securing additional networks.
Interactions with Ethereum DApps are soaring, but ETH price has failed to react.
SSV Network and Ether.fi have partnered to launch a Learn and Earn campaign, offering participants a chance to win from a $50,000 prize pool by learning about DVT. (Read More)
Users will be able to earn restaking yield from layer-2 tokens on EigenDA.
Stakers with Lido, Frax, Origin and Mantle can restake with the DeFi protocol.
Despite Ethereums inflationary trend, staking and restaking gains momentum, boosting network security and rewards.
EigenLayer leads the restaking sector with a $12.9 billion TVL, driven by AVS rewards and growing interest in Ethereum-based restaking.
The spike in TVL shows that more people are already trusting the platform.
Dive into the intricate world of restaking with a detailed analysis of its risks and rewards across Ethereum and Cosmos ecosystems. (Read More)
Pendle Finance and Notcoin recently experienced roughly 58.6% and 400% price growth, respectively, and are thus among the recent top performers.
Ether restaking is a robust financial tool, but investors need to understand the number of loops they are adding.
EigenLayer, an Ethereum restaking protocol, has expanded its initial EIGEN token airdrop to 28 million tokens, addressing user dissatisfaction and ensuring equitable distribution. The airdrop includes Season 1 and Season 2 participants, with minimum token allocations. (Read More)
P2P.org unveils a first-of-its-kind Restaking API, streamlining Ethereum staking for intermediaries and enhancing user rewards.
The post P2P.org unveils first Restaking API for ETH, empowers intermediaries with automated staking solutions appeared first on Crypto Briefing.
Ethereum researcher Justin Drake said his EigenLayer role is worth millions of dollars and some think it could shake up incentives for those working on the blockchain.
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 airdrop set for May 10 appeared first on Crypto Briefing.
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 limelight appeared first on Crypto Briefing.
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