EigenLayer to Distribute 86M Tokens to Stakers, Node Operators

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.

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Jito and Fragmetric launch new Solana liquid restaking token

Liquid staking protocol Jito and restaking platform Fragmetric have launched a new liquid restaking token on Solana dubbed fragSOL. The new token is the first liquid restaking token native to Solana (SOL) and based on Jito (JTO) restaking vault receipt…

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EigenLayer now supports any ERC-20 token as restakable asset

EigenLayer has announced the mainnet launch of its permissionless token support, significantly expanding the protocol’s restaking feature. The Eigen Labs team said on X on Aug. 26 that the permissionless token support is now live on the mainnet, allowing any…

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BTC re-staking platform SatLayer secures $8m in pre-seed funding

SaltLayer, a Bitcoin-powered restaking platform built on the Babylon staking protocol, has completed an $8 million pre-seed funding round. According to an announcement posted on X on Aug. 22, the Bitcoin (BTC) restaking platform received backing from several crypto-focused venture…

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YieldNest launches new liquid restaking token

Stakers with Lido, Frax, Origin and Mantle can “restake” with the DeFi protocol. 

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Renzo teams up with Jito to launch LRT token ezSOL

Renzo Protocol revealed its ezSOL liquid restaking token will soon launch on Jito as Solana’s first LRT. The Renzo team is eyeing growth for the DeFi ecosystem on Solana. Renzo Protocol has announced the launch of ezSOL, the first liquid restaking token (LRT) on Solana.

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Renzo Protocol launches Solana’s first liquid restaking token on Jito

Renzo Protocol is expanding its liquid restaking expertise to the Jito ecosystem on Solana. According to an announcement on Aug. 14, Protocol revealed it was launching ezSOL, the first liquid restaking token on Solana (SOL). Having made inroads in the…

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Kelp Launches “Gain” Yield Optimizer

Restaking protocol Kelp has just launched “Gain” – an automated optimizer for yield farming and airdrop points participation across Layer 2 networks.   Gain provides users with a hands-free way to earn additional returns on selected liquid staking tokens (LSTs) and its liquid restaking token (LRT), rsETH, through specialized vaults.

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Restaking protocol Symbiotic launches devnet

Symbiotic, a restaking protocol on Ethereum, has announced that its devnet is now live as it moves closer to the mainnet launch. The platform’s devnet comes just months after the decentralized finance platform on Ethereum (ETH) launched in stealth and…

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EigenLayer announces AVS rewards, EIGEN programmatic incentives

The EigenLayer Foundation has announced an upcoming rewards program that will reward stakers and operators for securing Actively Validated Services. According to details in a blog post, the Ethereum (ETH) restaking protocol is also introducing a new incentive program that…

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Puffer Finance to unveil its based rollup solution Puffer UniFi

Puffer Finance, a liquid restaking protocol on EigenLayer, has announced the launch of its based rollup solution Puffer UniFi. The new rollup solution aims to address challenges such as liquidity fragmentation on the Ethereum blockchain. Puffer’s solution tackles this issue…

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Liquid Restaking Protocol Renzo Raises $17 Million to Expand Services

Renzo, the Liquid Restaking Protocol, has just secured an impressive $17M in funding. Renzo has already seen an impressive restaking amount of nearly $4B. The funding occurred in two rounds, with Galaxy Ventures leading the first round and the Nova Fund – BH Digital (based in Abu Dhabi) leading the second round. This comes after […]

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Renzo, the $4b Liquid Restaking Protocol, Raises $17M to Expand Restaking Services

Denver, United States, 18th June 2024, Chainwire

The post Renzo, the $4b Liquid Restaking Protocol, Raises $17M to Expand Restaking Services appeared first on CoinJournal.

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Renzo, the $4b Liquid Restaking Protocol, Raises $17M to Expand Restaking Services

Denver, United States, June 18th, 2024, Chainwire Renzo, the Liquid Restaking Protocol, today announced $17M in funding. As of today, nearly $4B is already restaked with Renzo. The funding, which took place across two rounds, was first led by Galaxy Ventures and the second round led by the Nova Fund – BH Digital (based in […] The post Renzo, the $4b Liquid Restaking Protocol, Raises $17M to Expand Restaking Services appeared first on CaptainAltcoin.

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Symbiotic launches ‘permissionless restaking’ protocol, secures $5.8M funding

Symbiotic debuts its restaking protocol with a $5.8M investment from Paradigm, promising flexible collateral options and rewards. The post Symbiotic launches ‘permissionless restaking’ protocol, secures $5.8M funding appeared first on Crypto Briefing.

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Ether ETF Listing Approval Sees Billions Poured Into Restaking Protocol Ether.Fi

The decentralized finance (DeFi) sector will experience an ecosystem boost after a spot ether {{ETH}} exchange-traded fund (ETF) was approved in the U.S. on Thursday, according to Mike Silagadze, CEO of ETH restaking protocol Ether.fi.

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Second Ethereum Foundation Researcher Acknowledges Advisory Deal Paid in EIGEN

The news set off a debate on the social-media platform X about whether advising the EigenFoundation might constitute a conflict of interest – given the flagged risks to Ethereum from restaking protocol EigenLayer.

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Liquid Restaking Protocol YieldNest Launches ynETH on Mainnet!

YieldNest, an innovative liquid restaking protocol, proudly announces the official launch of ynETH on Mainnet after securing $5.2MIL in their initial round. This was all made possible as a result of tThe post Liquid Restaking Protocol YieldNest Launches ynETH on Mainnet! appeared first on AMBCrypto.

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Justin Sun’s $30 Million EIGEN Holdings Spotlighted as EigenLayer Airdrop Kicks Off

Ethereum restaking protocol EigenLayer's token allocation draws community attention as Justin Sun receives $30 million worth of EIGEN. The post Justin Sun’s $30 Million EIGEN Holdings Spotlighted as EigenLayer Airdrop Kicks Off appeared first on BeInCrypto.

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EigenLayer Launches Airdrop Season, Allowing Users To Claim 113M EIGEN Tokens

Restaking protocol EigenLayer has unveiled its highly anticipated airdrop season, during which eligible users can claim a portion of the initial EIGEN token supply.   EigenLayer Sets September 2024 Deadline The protocol’s announcement on Friday revealed that “Season 1” commences with 6.

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Justin Sun Grabs Nearly Half Of Deposits In Liquid Staking Protocol

Tron founder Justin Sun has once again sent ripples through the cryptocurrency world with a hefty deposit into a liquid restaking protocol. This move puts Sun squarely in the center of a booming DeFi niche: liquid staking.

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Tron’s Justin Sun dominates liquid restaking protocol with 46% of deposits

Tron founder Justin Sun is back in the spotlight with his recent cryptocurrency deposit activity.

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The Protocol: EigenLayer's 'Intersubjective Forking' Is Objectively Not Done

Much-hyped restaking project EigenLayer's 43-page whitepaper about its now-revealed EIGEN token has raised lots of questions. They may not matter initially, because much of the promised functionality won't be ready when the token launches.

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Renzo (REZ) plummets 43% after Binance listing and airdrop

Market data indicates that the liquid restaking protocol’s Renzo Token (REZ) has experienced a significant downturn over the past 24 hours, with this market drop coming up shortly after the Binance listing.

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Liquid restaking provider Renzo bags $150m volume following airdrop

Liquid restaking protocol Renzo launched its token airdrop, which has a market cap of nearly $300 million, as users claimed REZ coins.

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Liquid Restaking Protocol Renzo Airdrops REZ Token, Debuts at $289M Market Cap

The token has $75 million in trading volume in the hour after claims went live.

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EigenLayer users fume over restrictive airdrop, others say it’s ‘generous’

Ethereum restaking protocol Eigenlayer has promised to allocate 15% of EIGEN supply to the community, but not everyone was happy about it.

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EigenLayer Makes A Big Splash With EIGEN Token Launch And Major Airdrop Plan, Get The Full Scoop!

EigenLayer, a decentralized restaking protocol built on Ethereum (ETH), has made significant announcements, paving the way for new developments within the crypto ecosystem.   The protocol unveiled its native token, EIGEN, which the newly formed Eigen Foundation will distribute.

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EigenLayer announces token launch and airdrop for the community

EigenLayer’s token EIGEN will launch in May, with a total supply of 1. 67 billion tokens. The Eigen Foundation has announced an airdrop for the community, set for May. The Eigen Foundation, the non-profit supporting the development of restaking protocol EigenLayer, has announced the launch and distribution of the native token EIGEN.

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EigenLayer stakers to receive 15% of token supply

Ethereum restaking protocol EigenLayer revealed its plan to airdrop free tokens to users in two phases and introduce a new staking security system. 

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EigenLayer TVL exceeds $15b after lifting restrictions on pool limits

The total value of locked funds in the EigenLayer restaking protocol exceeded $15.1 billion.

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First restaking protocol StakeLayer, raises over $1 million in STAKE pre-sale

London, UK, April 17th, 2024, Chainwire StakeLayer, a leader in pioneering Bitcoin L2 restaking, has successfully raised over $1 million in its pre-sale, marking a significant milestone. The company’s rapid development is becoming increasingly evident within the crypto space.

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EigenLayer removes caps, sees record $157 million inflow as Lido dominance dips

Ethereum restaking protocol EigenLayer saw inflows of approximately $157 million in Lido’s staked ETH during the last 24 hours, marking the digital asset’s highest inflow on the platform since February.

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ETH Liquid Restaking Protocol YieldNest Raises $5.2M in Contribution Round

YieldNest simplifies and enhances ETH yields for EigenLayer restakers through curated AVS Baskets and specific AVS categories, reducing risk and operational complexity. Industry veterans-led liquid restaking protocol YieldNest is gearing up for its first product release, ynETH, later this month.

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Puffer Finance raises $18 million in new funding round

Puffer Finance secures $18 million in funding round led by Brevan Howard Digital and Electric Capital. Crypto exchanges Coinbase and Kraken also invest in the Ethereum liquid restaking protocol. Puffer Finance, an Ethereum liquid staking protocol on Eigenlayer, has raised $18 million in its latest funding round.

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Liquid Restaking Protocol Puffer Raises $18M, Led by Brevan Howard, Electric Capital

The fresh round of capital will be used to help launch Puffer’s mainnet.

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Binance Labs invests in Bitcoin restaking protocol BounceBit

Bitcoin DeFi is gaining traction ahead of the halving, and Binance Labs' latest investment in a BTC restaking protocol follows this trend.

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EigenLayer, Crypto's Biggest Project Launch This Year, Is Still Missing Crucial Functionality

The "restaking" protocol with $15 billion in deposits won't pay rewards to depositors and is missing its mission-critical "slashing" feature.

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EigenLayer welcomes Google Cloud as a mainnet node operator

Google Cloud has launched its EigenLayer mainnet node operator, a significant development for the restaking protocol and its ecosystem. In an X post on April 10, Sam Padilla, web3 product manager and node operator at Google Cloud, said, “Excited to…

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Ethereum: How will 'higher and hidden risks' impact ETH and you

Amidst the uncertainty around Ethereum ETFs, ETH declined by 7.98% over the week. Despite optimism about EigenLayer's protocol, challenges with Ethereum restaking were noted. As anticipationThe post Ethereum: How will 'higher and hidden risks' impact ETH and you appeared first on AMBCrypto.

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Protocol Village: Lorenzo Plans First 'Bitcoin Liquid Restaking' Protocol Using Babylon Tech

The latest in blockchain tech upgrades, funding announcements and deals. For the period of March 28-April 3.

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Restaking protocol Prisma Finance hit with $12 million exploit

Prisma Finance was exploited for over $11 million on Mar.

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Prisma Finance $11.6 million exploit leads to asset value plummet, mkUSD stablecoin instability

Ethereum liquid restaking platform Prisma Finance said its vaults were exploited earlier today for an undisclosed sum. According to the protocol: “Prisma Protocol has been paused by the emergency multisig and remaining funds are safe.

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Chainlink integrates EigenLayer liquid restaking protocol Renzo

Chainlink has added price feed support for Renzo, an EigenLayer restaking protocol. The integration sees the Chainlink Price Feeds available for Renzo’s ezETH on the Ethereum mainnet, Arbitrum and Linea networks, the staking protocol announced on March 21.

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BOME, SLERF, ETHFI: Are these March's top 3 picks for you?

BOME and SLERF were the products of Solana presale hysteria. ETHFI was backed by growing liquid restaking protocol Ether.Fi. With not much to cheer from the heavyweights, cryptocurrency tradThe post BOME, SLERF, ETHFI: Are these March's top 3 picks for you? appeared first on AMBCrypto.

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Ether.Fi (ETHFI) token dumps after trading debut

ETHFI, the governance token of liquid restaking protocol Ether. Fi, fell nearly 30% after its market debut. Ether. Fi’s token listed on major exchanges like Binance and OKX. The price of ETHFI, the governance token of liquid restaking protocol Ether.

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Ether.Fi's Token Falls 20% After Debut

Liquid restaking protocol Ether.Fi has issued its governance token (ETHFI) in the form of an airdrop and an over-subscribed Binance Launchpad round.

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Thetanuts Finance debuts leveraged LRT Strategy Vault

Thetanuts Finance, a leading figure in the decentralized on-chain options protocol arena, has announced a Leveraged LRT Strategy Vault on the Ethereum Mainnet. This move integrates Pendle Finance’s PT-eETH offering, marking Thetanuts Finance’s first venture into the burgeoning domain of restaking and Liquid Restaking Tokens (LRTs), which has seen over $10 billion in Total Value […]

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Justin Sun Deposits $480M of ETH to Restaking Protocol Ether.Fi

Tron founder Justin Sun deposited 120,000 ether worth $480 million into liquid restaking protocol Ether.Fi, according to blockchain data.

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