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Home ยป EigenLayer Airdrop Receives Negative Reaction from Community

EigenLayer Airdrop Receives Negative Reaction from Community

By adminApr. 30, 2024No Comments1 Min Read
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EigenLayer Airdrop Receives Negative Reaction from Community
EigenLayer Airdrop Receives Negative Reaction from Community
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Notwithstanding the various criticisms directed towards it, the implementation of EigenLayer’s token strategy did not significantly affect the project. However, the recent surge in withdrawal activities on the platform seems to indicate the community’s apprehension and uncertainty. Dune Analytics reveals that a staggering number of 7,000 withdrawal transactions were initiated within the past 24 hours. Additionally, DefiLlama reports that approximately 150,000 ETH were withdrawn during this timeframe. Nonetheless, it is worth noting that the project’s overall locked value remains substantial, standing at $15.6 billion. As a result, the concerns raised may not immediately translate into a state of panic regarding the project’s long-term viability.

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Geopolitical Tensions Impact the Cryptocurrency Market with Notable Declines

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