đ Big News in Crypto! đ
Eigenlayer is set to unlock its highly anticipated token, EIGEN, tonight at 9 p.m. PST (04:00 UTC on Tuesday). Trading will kick off on Binance an hour later, and centralized exchanges will go live at 05:00 UTC Tuesday.
Key Points:
- EIGEN is trading at $4.11 on Aevo with an FDV of $6.8 billion.
- Early adopters get 5% of the total supply, with 86 million tokens allocated.
- Eigenlayer lets users stake ETH to secure other networks and earn extra rewards.
- TVL on the protocol has dropped by over 50% since June, now at $10 billion.
What are your thoughts on EIGEN's launch? Share in the comments! đŹ
