EigenLayer's native token, EIGEN, has seen significant developments recently. The transfer limitations on EIGEN have been lifted, making the token fully tradeable on the market. This is a major milestone for EigenLayer, a protocol built on Ethereum that enables the restaking of Ethereum (ETH) to enhance the security of the blockchain and other decentralized applications.$EIGEN
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In addition, 6.48 million EIGEN tokens were distributed to market makers like Flow Traders and Auros Global to help provide liquidity, which could boost trading activity. EigenLayerâs restaking feature allows stakers to earn rewards while contributing to the broader Ethereum ecosystem's security.
The protocol continues to gain attention due to its novel approach to pooling cryptoeconomic security, creating opportunities for stakers to secure additional applications and services on Ethereum.
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after that market came down we maid profit
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