2024-4-27 20:28 |
Renzo's ezETH suffers a severe price drop and high trading volume as the liquid restaking market faces volatility and liquidations. The post ezETH depeg puts ETH restaking volatility into the limelight appeared first on Crypto Briefing. origin »
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The restaking protocol will unlock 1.67 billion tokens at 9 p.m. PST on Monday.
The floating yields on the bitcoin-linked LBTC token are from pools that went live on Wednesday. There's also a fixed-yield option of an annualized 10%.
Restaking protocol EigenLayer said it will distribute 86 million EIGEN tokens, around 5% of the total supply, to stakers, node operators, ecosystem partners and community members.
The "Cash" Visa card from Ether.fi, the liquid restaking startup on Ethereum, might help crypto natives turn their decentralized finance investments into spending money.
Perpetual futures markets price the fully diluted value of the token at around $15 billion.
The Eigen Foundation's new EIGEN token will be airdropped to Ethereum stakers on May 10, granting 5% of the token's total supply. The post EigenLayer unveils EIGEN token with an airdrop set to May 10 appeared first on Crypto Briefing.
The Eigen Foundation's new EIGEN token will be airdropped to Ethereum stakers on May 10, granting 5% of the token's total supply. The post EigenLayer unveils EIGEN token with an airdrop set for May 10 appeared first on Crypto Briefing.