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RESTAKING

EigenLayer responds to community concerns over investor staking transparency

EigenLayer faced criticism for allowing early investors to stake locked EIGEN tokens and earn unlocked rewards, a practice not initially disclosed, leading to confusion about its circulating supply. In response, the team updated its official documentation to clarify EigenLayer’s staking and reward distribution practices to address community concerns.

theblock.co • 02/10/2024 - 13:19 PM

EigenLayer token trades on exchanges at $7 billion FDV as transfer restrictions lift

EigenLayer lifted restrictions on the EIGEN token, allowing trading and asset movement, with a current valuation of $7.1 billion and a total value locked of $12 billion.

theblock.co • 01/10/2024 - 05:30 AM

RESTAKING

Polymarket bettors set to lose Eigen airdrop wager by one minute over time zone technicality

Polymarket bettors on the EIGEN airdrop faced losses after a timing issue, as the token unlock occurs one minute past the predicted settlement time, favoring the 'No' bet.

theblock.co • 30/09/2024 - 20:05 PM

RESTAKING

EigenLayer expects token transfer restrictions to end September 30

EigenLayer prepares for EIGEN token transferability on September 30, enabling trading and transfers. Token supply totals 1.67 billion, but recent outflows have decreased total value locked.

theblock.co • 24/09/2024 - 06:02 AM

EigenLayer plans to distribute 86 million tokens to stakeholders in season 2 ‘stakedrop’

EigenLayer announced its second stakedrop, distributing 86 million EIGEN tokens to stakeholders, as total value locked decreases to $11.5 billion from $20.1 billion.

theblock.co • 05/09/2024 - 07:03 AM

Acre’s yield-bearing stBTC token is now live on Bitcoin scaling network Mezo

Mezo introduces stBTC, a liquid-staked Bitcoin token, enabling users to earn returns while maintaining Bitcoin exposure, tapping into the evolving decentralized finance ecosystem.

theblock.co • 28/08/2024 - 16:02 PM

Solana restaking protocol Solayer reaches $80 million valuation with $12 million seed round

Solayer Labs raised $12 million in seed funding to enhance its Solana restaking protocol and plans to expand its team and launch a native token.

theblock.co • 27/08/2024 - 18:00 PM

Bitcoin restaking platform SatLayer raises $8 million in pre-seed funding

SatLayer raised $8 million in pre-seed funding to enhance Bitcoin restaking, attracting significant interest for decentralized application collateralization and boosting security in the ecosystem.

theblock.co • 22/08/2024 - 14:00 PM

Restaking startup YieldNest builds novel liquid restaking token on EigenLayer

YieldNest’s new liquid restaking token, ynLSDe, is designed to earn additional yield from liquid staking platforms including Lido, FRAX, Origin Protocol and Mantle to earn additional yield. YieldNest previously released the ynETH token, a native restaking token that taps into a trading strategy managed by the YieldNest risk management team.

theblock.co • 20/08/2024 - 19:16 PM

Renzo enters Solana liquid restaking, set to launch ezSOL on Jito

Renzo expands into Solana liquid restaking, launching ezSOL, a token through collaboration with Jito, enhancing DeFi opportunities while maintaining stability in Ethereum restaking.

theblock.co • 14/08/2024 - 16:04 PM

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