#eigenlayer

$EIGEN is the largest restaking protocol in cryptocurrency. Eigenlayer has received over $150 million in funding from Andreessen Horowitz (a16z) and other major funds. In less than a year, the project has collected over $12 billion in user deposits.

The restaking protocol allows the reuse of ETH coins locked by network validators to support work not only in Ethereum, but also in other services at the same time. This opens up the opportunity for cryptocurrency owners to earn additional income from their coins, and provides additional security to the owners of these services.

As of October 1, the Eigenlayer platform has a total value locked of over $12 billion. This makes the project the third-largest TVL in the entire crypto market among decentralized finance applications, behind lending project Aave and liquid staking service Lido, according to Defillama. The situation with the bets on the EIGEN token airdrop is a clear example of how even seconds or minutes can determine the outcome of bets.

✅ For tea: THD2Vv6AQWtUScwpkiuNm6Vg2XdibLW3op

What is your prediction?