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2024-06-10 10:56:03

Eigen Layer holds more than $20B in reported value: Riskier than meme tokens?

Eigen Layer launched only two months ago on the Ethereum mainnet. Since then, the protocol reported constant inflows of collateral deposits, reaching $20B. Skeptics view the deposit frenzy as similar to meme tokens. Read: EigenLayer on the Edge of Potential Yield Crisis Eigen Layer still hinges on tokenless earnings, but those are based on provable

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