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DeFi TVL nearly doubled in Q1 2024, reaching $98 billion, partly due to Ethereum's liquid restaking initiatives. However, a recent crypto market pullback has led to a decline to $86.6 billion. (Read More)
Binance Labs, Puffer, Ethereum Staking, DeFi, Liquid Restaking, EigenLayer, Blockchain Innovation, Decentralization, Cryptocurrency Investment, DeFi Development (Read More)
The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders.
According to data from CoinMarketCap, there are approximately 210 million EIGEN tokens in circulation, with a total supply of 1.68 billion.
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