EigenLayer Tokens to Be Released in Coming Hours, Futures Trade at Fully Diluted $6.8B
The restaking protocol will unlock 1.67 billion tokens at 9 p.m. PST on Monday.
restaking
YieldNest Unveils First Liquid-Restaking Token on BNB Chain as Return-Boosting Strategy Gains Ground
Restaking protocol YieldNest is introducing ynBNB, the first liquid-restaking token on BNB Chain.
EigenLayer to Distribute 86M Tokens to Stakers, Node Operators
Restaking protocol EigenLayer said it will distribute 86 million EIGEN tokens, around 5% of the total supply, to stakers, node operators, ecosystem partners and community members.
Top Crypto Startup Drove Other Projects’ Airdrops to Its Employees
Eigen Labs circulated a list of team members’ wallet addresses to EigenLayer ecosystem projects that were preparing to issue tokens. The firm later banned the practice, citing potential conflicts of interest.
As Restaking Takes Shape on Solana, Ethereum’s Renzo Jumps in With ‘ezSOL’
Renzo founding contributor Lucas Kozinski (Renzo)
Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token
Users can deposit their wBTC to get swBTC in return, with yield expected to start flowing from mid-September – as part of a blockchain “restaking” scheme ultimately designed to secure protocols in the Ethereum blockchain ecosystem.
EigenLayer Outflows of $2.3B Signal Restaking Sector Slide
Billions of dollars worth of ether have been withdrawn from restaking protocols over the past month as the once-trendy sector starts to be hit by the fickle nature of crypto investors.
Jito Releases Open-Source Restaking Service for Solana
The yet-to-implemented codebase allows any Solana-based protocol to use any asset for its economic security.
Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard
Funds will be used towards expanding the project’s restaking services, including adding support for ERC-20 tokens.
Ether ETF Listing Approval Sees Billions Poured Into Restaking Protocol Ether.Fi
The decentralized finance (DeFi) sector will experience an ecosystem boost after a spot ether {{ETH}} exchange-traded fund (ETF) was approved in the U.S. on Thursday, according to Mike Silagadze, CEO of ETH restaking protocol Ether.fi.