CandleFocus EigenLayer Tokens to Be Released in Coming Hours, Futures Trade at Fully Diluted $6.8B
2024-09-30
Author: Content Editor
EigenLayer, a restaking protocol, will be launching its highly anticipated token, EIGEN, on Binance. Early adopters have been allocated 5% of the total token supply. The protocol allows users to stake ETH and receive additional rewards while securing other networks. The total value locked on the protocol has seen a significant decrease since June. The total supply of the EIGEN token will be 1.6 billion, with 86 million allocated to early adopters. The current price of the token is $4.11 on Aevo, with a fully diluted value of $6.8 billion. Trading on centralized exchanges will commence on Tuesday.
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