Despite the similar price of ETH to June, currently trading at $3200, the total value locked on EigenLayer has decreased by 13% ($2.28 billion) in the past 30 days, dropping to $15.1 billion; the Total Value Locked of stake protocols such as Renzo and Kelp have decreased by 45% and 22% respectively. This outflow is mainly attributed to the unpredictable changes in the scoring system and the limited returns of stake protocols. Another reason is that they hope to maximize returns by obtaining more long-term convertible Airdrop points, so they have transferred funds to other projects. (Coindesk)
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FroyBySoko
· 2024-07-25 18:49
New startup. Fat drop for registration and referrals, NFT is already in demand, soon listing and project launch. Link:
https://t.me/SokoInu_bot?start=7266654009
EigenLayer TVL has decreased by nearly $2.3 billion in the past 30 days, and Renzo and Kelp TVL have also experienced a decline.
Despite the similar price of ETH to June, currently trading at $3200, the total value locked on EigenLayer has decreased by 13% ($2.28 billion) in the past 30 days, dropping to $15.1 billion; the Total Value Locked of stake protocols such as Renzo and Kelp have decreased by 45% and 22% respectively. This outflow is mainly attributed to the unpredictable changes in the scoring system and the limited returns of stake protocols. Another reason is that they hope to maximize returns by obtaining more long-term convertible Airdrop points, so they have transferred funds to other projects. (Coindesk)