May 18, 2024
Crypto

EigenLayer’s EIGEN Airdrop Might Signal Demise of Once-Popular ‘Points’

What is perhaps the most-hyped crypto airdrop ever is set to kick off on Friday, but not necessarily with the kind of enthusiasm that its builders may have hoped for. EigenLayer, a restaking platform on Ethereum, accrued $16 billion worth of crypto deposits within its first year of opening up to users – even prior

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Crypto

What do crypto lawyers really think about points? – DL News

Points programmes are often seen as a promise of a future airdrop. While companies have been careful about announcing or launching tokens, they have been diving headlong into points programmes. Crypto lawyers think a reckoning could be coming. A simple investment promised a massive return: Investors who deposited certain tokens on LayerBank, a crypto borrowing

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Finance

Puffer Finance nets $135m in deposits in 24 hours as liquid restaking sector heats up – DL News

Puffer Finance has amassed over $135 million in less than 24 hours. It is a liquid restaking protocol. Liquid restaking is one of fast-emerging DeFi trends. Puffer Finance, the latest entrant to the rapidly-growing liquid restaking sector, has amassed over $135 million worth of Ether deposits in the 24 hours since its launch. The protocol’s

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