The EigenLayer restaking protocol is getting bright to hold the transfer restrictions on the EIGEN token on September 30. With the upcoming activation of the token transfer characteristic, stakeholders will soon be ready to commerce and transfer their a part of EIGEN tokens, including airdrop rewards. The mission clarified that holders of staked tokens must observe the
This update follows the distribution of 86 million EIGEN tokens throughout the protocol’s 2d stakedrop, which modified into centered at active stakeholders from March 15 to August 15, 2024. Tokens launched on this and the previous stakedrop in April were first and foremost non-transferable. EigenLayer is a platform that enables customers to deposit and take part in staking Ether with the purpose of distributing those funds to salvage third-party networks or actively audited companies and products. The platform’s total offer of 1.67 billion native tokens is anticipated to be prone in a cryptoeconomic security scheme known as inter-subjective forking.
Pre-market procuring and selling platforms enjoy Hyperliquid impress derivatives of the EIGEN token at around $3.4, with an fully diluted valuation of $5.4 billion. Regardless of an preliminary inflow of indispensable deposits throughout the phased rollout, EigenLayer has honest right this moment seen indispensable outflows, inflicting its total impress locked to fall from an all-time high of $20 billion in June to $12 billion.
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