BCGAME - Free 5BTC Daily Bonus!- EIGEN token release scheduled for 30/09/2024.
- EIGEN derivatives value assessed at US$3,4.
- Reduction in the total amount blocked to US$12 billion.
EigenLayer Protocol, an innovative platform in the cryptocurrency market, has announced that it is preparing to end transfer restrictions on EIGEN tokens by the end of September 2024. This decision will enable stakeholders to trade and transfer their EIGEN tokens, including those obtained through airdrops.
During the event known as stakedrop, which took place between March 15 and August 15 of this year, 86 million EIGEN tokens were distributed to active users on the platform. It is worth noting that, initially, these tokens could not be transferred, a measure that guaranteed greater stability during the initial phase of the project.
The EigenLayer platform allows users to deposit and stake ether, with the goal of using these funds to secure validated third-party networks or services. The total supply of 1,67 billion EIGEN tokens is expected to be fully deployed in a robust cryptoeconomic security system, called an intersubjective fork.
Currently, the EIGEN token derivatives value is estimated at around $3,4 per token on pre-market trading platforms such as Hyperliquid, with a fully diluted market valuation reaching an impressive $5,4 billion.
Despite a strong start with substantial deposits, the EigenLayer project has recently faced some challenges, with the total value locked on the platform falling from an all-time high of $20 billion in June to $12 billion, reflecting the uncertainties and challenges in the market.
Token holders who are currently staked on the platform will need to wait for a 7-day withdrawal period to release their EIGEN tokens after the transfer restrictions are removed, as informed by the project.
