EigenLayer | ForkLog

ForkLog 16 20.05.2024

Ethereum Developer’s Role in EigenLayer Sparks Community Debate

On May 19, Ethereum developer Justin Drake disclosed his role as an advisor to the independent non-profit Eigen Foundation, a revelation that elicited mixed reactions from the community. I recently became an advisor to the EigenFoundation. I feel the community deserves transparency so here is an extended disclosure 🙂 1) The advisorship comes with a […]

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ForkLog 29 15.05.2024

Lido Founders Secretly Back EigenLayer Rival

The co-founders of the DeFi platform Lido are covertly financing a competitor to the rapidly popular liquid restaking protocol EigenLayer, according to CoinDesk, citing its own sources. Konstantin Lomashuk and Vasiliy Shapovalov have supported a project named Symbiotic through their venture firm Cyber Fund. Paradigm, a major investor in Lido, also participated in the funding. […]

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ForkLog 13 13.05.2024

How to earn Swell ‘pearls’: an airdrop guide

Disclaimer This material is for information only. ForkLog bears no responsibility for readers’ investment decisions and does not guarantee receiving a drop after completing the actions described. Hype around liquid staking and restaking shows no sign of fading. The TVL of EigenLayer has already surpassed $15bn. The project ranks second on DeFi Llama, behind only […]

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ForkLog 12 11.05.2024

EigenLayer Developers Initiate EIGEN Token Claim

The first phase of the “stakedrop” from the EigenLayer restaking protocol commenced on May 10. Developers have unlocked 113 million EIGEN for claiming. ♾ Big day for the Eigen Community! ♾ Quick stats: — 113M EIGENS to users for Season 1, 8.9M staked/delegated in hours! — 5M+ ETH Restaked — 11 AVSs & 170 operators […]

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ForkLog 18 30.04.2024

EigenLayer’s Airdrop Rules Face Community Backlash

The team behind the restaking protocol EigenLayer has unveiled details regarding the launch and distribution of the EIGEN token. However, market participants have reacted negatively to the information about the lengthy vesting period and regional restrictions. According to the tokenomics, 45% of the 1.67 billion coins will be allocated to the community. One-third of this […]

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ForkLog 19 30.04.2024

EigenLayer to Launch EIGEN Token and Conduct ‘Stakedrop’

The restaking protocol EigenLayer is set to launch its native EIGEN token in May, with 15% of the total supply to be distributed among those who have staked assets on the platform. Introducing the Eigen Foundation, EIGEN token, and Season 1 Stakedrop! pic.twitter.com/lxEVSbRfVB — Eigen Foundation (@eigenfoundation) April 29, 2024 According to the announcement, the […]

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ForkLog 14 25.04.2024

Renzo’s ezETH Loses Peg to Ethereum Following REZ Tokenomics Disclosure

The ezETH token from Renzo’s liquid restaking protocol has lost its peg to Ethereum. On Uniswap v3, the rate momentarily plummeted nearly 80% against ETH. 15-minute ezETH/ETH chart on Uniswap v3. Data: TradingView. Aggregators did not record such a significant depeg. According to CoinGecko, at its peak, it did not reach even 3%. At the […]

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ForkLog 12 23.04.2024

EigenLayer’s TVL Surpasses $15 Billion Amid Ecosystem Expansion

The total value locked (TVL) in EigenLayer’s restaking protocols has reached $15.13 billion. Developers have lowered entry limits and integrated new services. TVL EigenLayer. Data: DeFi Llama. On April 9, the project team launched the main restaking platform and the beta version of the EigenDA data availability layer on the Ethereum mainnet. Following the primary […]

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ForkLog 12 22.04.2024

Expert Warns of Potential Yield Crisis at EigenLayer

Tokens used in EigenLayer’s liquid staking will need greater utility within the DeFi sector to avert a potential future yield crisis for the protocol, according to 3Jane DEX developer known as Chudnov. 1/ EigenLayer is facing a *major* yield crisis, and nobody is talking about it. @eigenlayer has >$15B in TVL but AVS’s will actually […]

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ForkLog 15 16.04.2024

Impact of Restaking on Ethereum’s On-Chain Metrics Analyzed by Experts

The introduction of restaking protocols EigenLayer and LRT has increased the share of ETH in staking to 26% of the total supply. Glassnode examined how this trend could affect Ethereum’s role as a monetary asset. Analysts recorded a rise in the total number of coins staked to 31.4 million ETH (as of April 13). Data: […]

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ForkLog 14 10.04.2024

EigenLayer Introduces EigenDA Data Availability Layer on Ethereum

The restaking platform EigenLayer and its data availability layer EigenDA (in beta version) have been launched on the Ethereum mainnet. Announcing: EigenLayer ♾ EigenDA Mainnet Launch pic.twitter.com/bTp5BfnsKE — EigenLayer (@eigenlayer) April 9, 2024 “Until now, restaking on EigenLayer meant simply depositing LST or transferring validator funds via EigenPod. Now, with operators and AVS (EigenDA) operational, […]

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ForkLog 7 02.04.2024

Liquid Restaking Protocols Reach $8.6 Billion in TVL

On April 1, the total value locked (TVL) in liquid restaking protocols reached a new high, surpassing $8.6 billion (DeFi Llama). Source: DeFi Llama. At the time of writing, the figure had adjusted to $8.2 billion. Projects based on EigenLayer, which allow for the reuse of staked Ethereum, have shown explosive growth since February. The […]

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