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EigenLayer to upgrade restaking rewards

The upgrades are designed to bring greater flexibility to EigenLayer's restaking ecosystem.

EigenLayer, Ethereum’s largest restaking protocol, is upgrading its rewards program to grant more flexibility to protocols and restakers, according to a Dec. 6 blog post. 

The changes let third-party protocols using EigenLayer — dubbed actively validated services (AVSs) — distribute rewards to validators based on performance. They also let validators, or “operators,” set fee rates independently, EigenLayer said.

The upgrades are “designed to bring greater flexibility, efficiency, and customization to rewards within the EigenLayer ecosystem,” the restaking protocol said in a Dec. 6 post on the X platform.

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Defi Doesn’t Sleep—Mystery Whale Dumps 125,000 ETH Into Aave on Christmas Day

Analyst Says Low-Cap Ethereum-Based Altcoin Is Looking Exceptionally Strong, Updates Outlook on Aave and Pepe

Analyst Says Low-Cap Ethereum-Based Altcoin Is Looking Exceptionally Strong, Updates Outlook on Aave and Pepe

A closely followed crypto analyst believes that one Ethereum (ETH) restacking protocol is starting to look extremely bullish. Pseudonymous analyst Altcoin Sherpa tells his 226,300 followers on the social media platform X that Eigenlayer (EIGEN) may continue to surge for several factors. “One coin/trade I haven’t seen on the timeline at all is EIGEN. ETH […]

The post Analyst Says Low-Cap Ethereum-Based Altcoin Is Looking Exceptionally Strong, Updates Outlook on Aave and Pepe appeared first on The Daily Hodl.

Defi Doesn’t Sleep—Mystery Whale Dumps 125,000 ETH Into Aave on Christmas Day

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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Defi Doesn’t Sleep—Mystery Whale Dumps 125,000 ETH Into Aave on Christmas Day

EigenLayer (EIGEN) X Account Hacked in Phishing Scam Less Than One Month After the Token’s Launch

EigenLayer (EIGEN) X Account Hacked in Phishing Scam Less Than One Month After the Token’s Launch

The social media platform X account behind a new Ethereum (ETH) ‘restaking’ protocol has been compromised weeks after the token’s launch. According to PeckShieldAlert, the social media account belonging to EigenLayer (EIGEN) was hacked with a phishing link this morning. “EigenLayer X account has been compromised. Do*NOT* click the phishing link eligible-eigenfoundation[.]org” It is not […]

The post EigenLayer (EIGEN) X Account Hacked in Phishing Scam Less Than One Month After the Token’s Launch appeared first on The Daily Hodl.

Defi Doesn’t Sleep—Mystery Whale Dumps 125,000 ETH Into Aave on Christmas Day

Analyst Says One Altcoin Primed To Crash by Over 75%, Updates Outlook on Bitcoin, Stacks and Eigenlayer

Analyst Says One Altcoin Primed To Crash by Over 75%, Updates Outlook on Bitcoin, Stacks and Eigenlayer

A closely followed crypto strategist is warning that one modular blockchain project may be on the verge of collapse. Pseudonymous analyst Altcoin Sherpa tells his 224,000 followers on the social media platform X that layer-1 Celestia (TIA) could plummet by more than 77% from its current value due to prolonged investor selling. The analyst cites […]

The post Analyst Says One Altcoin Primed To Crash by Over 75%, Updates Outlook on Bitcoin, Stacks and Eigenlayer appeared first on The Daily Hodl.

Defi Doesn’t Sleep—Mystery Whale Dumps 125,000 ETH Into Aave on Christmas Day

Eigenlayer (EIGEN) Goes Live at $6,562,768,429 Fully Diluted Valuation As Coinbase Adds Support

Eigenlayer (EIGEN) Goes Live at ,562,768,429 Fully Diluted Valuation As Coinbase Adds Support

A brand new Ethereum (ETH)-based “restaking” protocol is debuting to a huge valuation after gaining Coinbase support. According to Coinbase, the top US-based crypto exchange by trading volume listed Eigenlayer (EIGEN) yesterday. “Coinbase will add support for EigenLayer (EIGEN) on the Ethereum network (ERC-20 Token). Do not send this asset over other networks or your […]

The post Eigenlayer (EIGEN) Goes Live at $6,562,768,429 Fully Diluted Valuation As Coinbase Adds Support appeared first on The Daily Hodl.

Defi Doesn’t Sleep—Mystery Whale Dumps 125,000 ETH Into Aave on Christmas Day

EIGEN Token Enters the Crypto Scene, Sees Early Gains and 12% Price Drop

EIGEN Token Enters the Crypto Scene, Sees Early Gains and 12% Price DropOn Monday, eigenlayer (EIGEN) made its debut on major exchanges, hitting a peak of $4.47 per token. However, by 1:30 p.m. EDT on Oct. 1, the price had dipped 12%, settling at $3.90 per coin. By 2 p.m. it was exchanging hands for $4.30 per unit. EIGEN Token Hits Crypto Market A new contender has […]

Defi Doesn’t Sleep—Mystery Whale Dumps 125,000 ETH Into Aave on Christmas Day