đ 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? đ€
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! đŹ #Crypto #Blockchain #EigenLayer