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EthereumBeginnerEigenLayer, a protocol for liquid staking derivatives, has announced plans to support the restaking of layer-2 native tokens on its EigenDA platform. This development will allow users to earn additional rewards by staking their layer-2 tokens, expanding the utility of these assets beyond their…
#crypto#defi#eigenlayer
GeneralBeginnerEigen Labs has acquired Rio Network, bringing its team and technology under its umbrella. This strategic acquisition signifies a shift in Eigen Labs’ approach to liquid restaking tokens (LRTs). While Eigen Labs previously envisioned developing its own LRT, the deal paves the way for a different…
#eigenlayer#staking
GeneralBeginnerThe Hong Kong Securities and Futures Commission (SFC) has warned the public about potentially unsafe investment products such as “Floki Staking Program” and “TokenFi Staking Program.” Both goods are linked to the Floki ecosystem. According to the SFC, these products provide staking services and…
#crypto#defi#staking
PolygonBeginnerPolygon, the Ethereum scaling platform touted for its fast and cheap transactions, is facing scrutiny after a blockchain intelligence firm, ChainArgos, raised concerns about irregularities in its token distribution, particularly surrounding its staking program. These accusations have cast a shadow…
#crypto#staking
GeneralBeginnerThe first step is to create a digital asset wallet. This allows you to keep your cryptocurrency holdings and participate in the staking process. After you’ve created your digital asset wallet, you’ll need to choose a crypto-staking site. There are other platforms to choose from, but two of the…
#crypto#staking
