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EigenLayer bolsters restaking with Bitcoin yield, P2P.org payouts

EigenLayer kicked off programmatic EIGEN token incentives for restakers in October. 

EigenLayer, Ethereum’s largest restaking platform, is adding more restaking options, including wrapped Bitcoin (BTC) yield and payouts from node operator P2P.org, according to separate announcements on Nov. 4.

ARPA Network, a protocol built on EigenLayer, will start paying rewards to depositors of uniBTC, a restaked BTC wrapper, the protocol said in a blog post.

“By adding uniBTC as a supported asset, ARPA opens up new liquidity pathways and reward opportunities for BTC holders,” ARPA said.

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Tether pours $775M into video-sharing platform Rumble

Velar Launches Dharma AMM to Propel Bitcoin Into the Decentralized Finance Spotlight

Velar Launches Dharma AMM to Propel Bitcoin Into the Decentralized Finance SpotlightOn Tuesday, the bitcoin liquidity protocol Velar unveiled Dharma, an automated market maker (AMM) designed to enhance decentralized finance liquidity within the Bitcoin realm. The inaugural version of Velar’s Dharma is set to function on the Bitcoin layer two (L2) Stacks, featuring an initial pairing of two tokens. Velar’s Strategy to Elevate Bitcoin Within the […]

Tether pours $775M into video-sharing platform Rumble