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EigenLayer Raises Restaking Limits Again, Anticipates Increased Airdrop Expectations

EigenLayer Raises Restaking Limits Again, Anticipates Increased Airdrop Expectations WikiBit 2023-08-23 22:09

Following the recent increase in restaking limits, EigenLayer reached the upper limit within approximately two hours. It is anticipated that there will be an elevation in airdrop expectations as EigenLayer prepares to open its NFT Mint on August 23rd at 16:00.

EigenLayer is an Ethereum-based protocol that introduces the concept of restaking native staked ETH or using Liquidity Staking Tokens (LST). Users have the option to participate in the EigenLayer smart contract to re-stake their ETH or LST, thereby extending cryptographic economic security to other applications on the network, with the potential to earn additional rewards.

EigenLayer has successfully completed two funding rounds, raising a total of $64.5 million. Prominent investment institutions such as Polychain Capital, Blockchain Capital, Coinbase Ventures, and others have participated in these rounds.

Earlier, WikiBit featured an article introducing EigenLayer, providing information about the protocol and mentioning the possibility of an airdrop for early users. You can access the relevant article by visiting [https://www.wikibit.com/en/202307263744806734.html].

On August 22nd, EigenLayer once again raised the liquidity restaking limits for stETH, rETH, and cbETH. The specific criteria dictate that when the restaking amount of any of these three assets reaches 100,000 tokens, the protocol deposits will be temporarily paused once more.

Within two hours of the protocol's reopening, the staking limit was met again, causing on-chain gas fees to surge to a peak of 150.

According to data from Dune Analytics, among the addresses participating in EigenLayer, 47% have received Arbitrum airdrops, and 32.78% have received Ampleforth airdrops. It's evident that a significant portion of addresses staking in EigenLayer have also received airdrops from other projects.

In addition, the opportunity for a “Mint NFT” was hinted at before the official preview of the pledge limit increase.

EigenLayer will open the World NFT Mint on August 23rd at 16:00 UTC. The NFT collection comprises three distinct types:

  • BASE LAYER

  • COLLECTOR

  • RESTAKER

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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