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The initial buzz surrounding restaking protocols has cooled off, with Total Value Locked (TVL) stabilizing at $15 billion, down from its peak of $21 billion. Despite the dip, EigenLayer continues to dominate the market, holding over 80% of the total TVL. The initial restaking hype has settled, with TVL across restaking protocols stabilizing around $15B, … Read more
Platforms including EigenLayer, Symbiotic and Karak are charting new territory on the frontier of restaking. Go to Source
Apps will be able to settle directly on Movement’s L2 with fast finality ‘postconfirmations’ secured by stakers, the co-founder said. Go to Source
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. Go to Source
The degen-branded card is non-custodial and lets users pay by borrowing against crypto collateral, Ether.fi said. Go to Source
The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who contributed to the Eigenlayer network. Token claims will open on or before September 17, 2024, with rewards based on participation in staking, contributions to the ecosystem, and early support for the project. Eigen Foundation Announces … Read more
The upgrade aims to enhance rewards for restakers. Go to Source
Artemiy Parshakov, the head of staking at P2P.org, said that the fierce competition among service providers in staking had driven the adoption of restaking. Go to Source
Users will be able to earn restaking yield from layer-2 tokens on EigenDA. Go to Source
EigenLayer is making waves in the DeFi world, with $12.9 billion now locked up—a staggering 11% increase in just a week. The total amount of ETH being restaked has soared to an impressive $14.5 billion, signaling a massive vote of confidence in this emerging protocol. A closer look reveals that a significant 70% of EigenLayer’s … Read more
