🚀 EigenLayer is making waves with $11B TVL, trailing only Lido and Aave! With $600M backing from Coinbase Ventures and a16z, it's a hot topic for 2024. But is it ready for institutional investors? 🤔
Institutions need custodian integrations and legally-enforceable performance guarantees, which EigenLayer currently lacks. Plus, the rewards system and smart contract risks pose challenges.
Retail investors are diving in, but will institutions join? Share your thoughts below! 💬 #Crypto #Blockchain #EigenLayer