Restaking


Technology

EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It's Non-Transferable

The much-hyped restaking project initiated its long-awaited though highly controversial plan to distribute EIGEN tokens, by opening a window of time where eligible users can claim them. They're not freely tradeable, but speculators in side markets put the fully diluted value around $15 billion.

EigenLayer CEO Sreeram Kannan. (Bradley Keoun)

Opinyon

Restaking Is Hot in Ethereum and Entering Solana. Should We Worry?

The Lehman Brothers-driven global financial crisis of 2008 showed the danger of spreading money around too much.

(Cindy Tang/Unsplash)

Technology

Thiel-Backed Cryptography Startup Lagrange Raises $13M

Lagrange, which specializes in zero-knowledge cryptography, is the latest startup to ride EigenLayer's "restaking" wave.

Peter Thiel holding cash (Rachel Sun/CoinDesk)

Learn

What Is Restaking? What Is Liquid Restaking? What Is EigenLayer?

EigenLayer and similar "restaking" protocols are currently the buzziest investment in blockchain, but the technology isn't without risks.

Recycling (Pawel Czerwinski/Unsplash)

Finance

Restaking 'Gold Rush' Spreads to Solana From Ethereum, With Jito and Others Joining In

The race is on to build a dominant restaking protocol for Solana.

Solana Hacker House in Miami (Danny Nelson/CoinDesk)

Opinyon

Why Eigenlayer’s Airdrop Is Controversial

Although it’s actually conservative.

EigenLayer founder Sreeram Kannan at ETHDenver 2024 (Danny Nelson/CoinDesk)

Markets

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.

Coins dropping / Getty Images

Technology

EigenLayer, After Touching Off Restaking Frenzy, Plans Own EIGEN token

Sreeram Kannan, leader of the project, had previously refused to confirm any plans for an EIGEN token. That hadn't stopped crypto traders from betting heavily on the likelihood; they poured in more than $15 billion of deposits, aiming to collect incentives for early users.

EigenLayer founder Sreeram Kannan at ETHDenver 2024 (Danny Nelson/CoinDesk)

Technology

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.

Puffer fish (Stelio Puccinelli/Unsplash)

Technology

Ether.Fi Inks $500M Restaking Deal With RedStone Oracles

Under its deal with RedStone, Ether.Fi will dedicate $500 million to help secure RedStone's data oracles, which are used to pass information between blockchains and the outside world.

Ether.Fi CEO Mike Silagadze (CoinDesk, modified using PhotoMosh)

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