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Ethereum Restaking App Approaches $4 Billion In Deposits: Biggest Airdrop In History Incoming?

EigenLayer is a new liquid restaking platform for Ethereum. The protocol allows users to stake the same amount of Ether (ETH) across multiple projects simultaneously to earn additional rewards. Proponents of the technology say that it will increase capital efficiency and spur innovation. Those against the technology believe that it could cause overleveraging and is susceptible to slashing. Though the new technology is causing a debate among ETH enthusiasts, it is impossible to deny the project’s ....

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