The EigenLayer restaking protocol is planning to lift the transfer restrictions on the EIGEN token on September 30. This will allow stakeholders to trade and transfer their EIGEN tokens, including airdrop rewards. Holders of staked tokens must wait for a 7-day withdrawal period to unlock their tokens. This update follows the distribution of 86 million EIGEN tokens during the protocol's second stakedrop. EigenLayer is a platform that allows users to stake Ether and distribute funds to secure third-party networks. Pre-market trading platforms value derivatives of the EIGEN token at around $3.4, with a fully diluted valuation of $5.4 billion. However, the platform has experienced significant outflows recently, causing its total value locked to decrease from $20 billion in June to $12 billion.



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