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Analysis: The current EIGEN pledge volume is higher than the liquidity volume, because investors can put "lock-up" tokens into pledge
On October 7th, overseas crypto KOL Ignas published data pointing out that the number of EIGEN currently in the state of pledge is larger than the number of EIGEN in circulation, the amount of pledge is 242 million, and the circulation is 186 million (CMC and Coingecko data). This is because EigenLayer allows investors' tokens in a "locked" state to be staked. Ignas added that this is a common problem in the industry, and TIA appears to have a similar problem. It dilutes the staking rewards avai...
2024-10-07 07:54:01
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