TON-based restaking protocol secures $100M institutional TVL commitment

Interest in restaking and liquid staking protocols is surging across notable blockchain networks, including Ethereum and Solana.

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EigenLayer Expands Airdrop and Addresses Community Concerns

EigenLayer, an Ethereum restaking protocol, has expanded its initial EIGEN token airdrop to 28 million tokens, addressing user dissatisfaction and ensuring equitable distribution. The airdrop includes Season 1 and Season 2 participants, with minimum token allocations. (Read More)

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Puffer Finance secures $18M in funding as liquid staking market heats up

Built from EigenLayer, Puffer Finance's TVL has gone over $1.2 billion, a month after its initial testnet phase.

The post Puffer Finance secures $18M in funding as liquid staking market heats up appeared first on Crypto Briefing.

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EigenLayer Restaking Protocol Launches on Ethereum Mainnet, Unlocking Delegation and Security Expansion

EigenLayer, an Ethereum restaking protocol, has launched, enabling restakers to delegate stakes to operators, promoting decentralized innovation and lowering entry barriers for new blockchain projects. (Read More)

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Ether.fi $210M Airdrop Sparks Market Turbulence, ETHFI Value Drops By 35%

ETHFI, the governance token of the decentralized liquid staking protocol Ether.fi, debuted for $4.13 following its distribution through its airdrop on March 18.  However, since the $210 million airdrop, the value of ETHFI has experienced a significant decline, plummeting over 35% to its current trading price of $3.05, according to CoinGecko data. ETHFI Airdrop Attracts [...]

The post Ether.fi $210M Airdrop Sparks Market Turbulence, ETHFI Value Drops By 35% appeared first on Crypto Breaking News.

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Lido Finance activates staking rate limit after more than 150,000 ETH staked

Lido Finance had to activate its safety feature "Staking Rate Limit" after over 150,000 ETH was staked in a single day.

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Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork

Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March 14, a total of 281,498 ether worth $592 million have [...]

The post Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork appeared first on Crypto Breaking News.

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Eigen Foundation commits 1% of EIGEN supply to ETH Protocol Guild

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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