The Ethereum Foundation has faced criticism after researcher Justin Drake announced his new adviser role with EigenFoundation, which offers substantial token incentives. In a detailed post on social media recently, Drake revealed his compensation involves a significant number of EIGEN tokens vested over three years, valued at millions and surpassing ...
EigenLayer, an Ethereum restaking protocol, has surprised the crypto community with a significant expansion of its token airdrop program. The protocol announced that it would distribute an additional 28 million EIGEN tokens to over 280,000 wallets just days after its initial airdrop announcement. EigenLayer initially earmarked 15% of its total ...
EigenLayer, a leading restaking protocol on Ethereum, is potentially facing a yield crisis due to its rapid growth, according to industry observers. The experts claimed that the protocol's current Total Value Locked (TVL) expansion may be outpacing its Actively Validated Services (AVS) needs, potentially leading to a significant reduction in ...
EigenLayer has announced a $100 million investment from renowned venture firm Andreessen Horowitz. This investment will specifically help to accelerate EigenLayer's growth and development in the crypto space. Andreessen Horowitz was the sole investor in EigenLayer's latest funding round…sharply contrasting to the company's $50 million funding round in March 2023 ...
