EigenLayer: 4.7M ETH ($12B) restaked and EIGEN pre-market at $6B FDV
Quote87 words
EigenLayer holds 4.7M ETH ($12B) and will soon secure over 35 AVSes on mainnet. EIGEN, transferable from Sept 30, trades at a $6B FDV on Aevo pre-market, and he asks about competitors Symbiotic, Karak and Solayer.
Key claims
4.7M ETH (about $12B) restaked
EIGEN transferable Sept 30, about $6B FDV pre-market
Over 35 AVSes to secure on mainnet
. @eigencloud is the first cloud platform for programmable trust.
It has 4.7M $ETH (equalling $12B) in crypto-economic capital available on-demand and will soon secure >35 AVS protocols on mainnet
$EIGEN, set to become transferrable on the 30th of September, is currently sitting at $6B FDV on @aevoxyz pre-market trading.
At what valuation are you buying in anon?
Are you still farming @eigencloud points or have you pivoted to a competitor like @symbioticfi, @Karak_Network or @solayer_labs?
@eigencloud Where does the competition stand? π€
Find out ‡οΈ
x.com/zerokn0wledge_/status/1830460785929211999
QUOTING @zerokn0wledge_
πππ π’π¬ ππ’π ππ§πππ²ππ«? βΎοΈ β¨ β $12B in restaked $ETH, fueling a shared security system for open innovation that extends Ethereum's trust to any verifiable network. β This is still the most important innovation since Ethereum itself. β Yet, few truly understand the underlying thesis. β
πππ π’π¬ ππ’π ππ§πππ²ππ«? βΎοΈ β¨ β $12B in restaked $ETH, fueling a shared security system for open innovation that extends Ethereum's trust to any verifiable network. β This is still the most important innovation since Ethereum itself. β Yet, few truly understand the underlying thesis. β
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What came next Β· since 03 Sep 2024
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Since then
Zero has written 9 more pieces on $EIGEN since this one.
- Is EIGEN undervalued? Short TL;DRBullish call on $EIGEN
- Is EIGEN undervalued? Intersubjective security and valuation mathBullish call on $EIGEN
- EIGEN valuation napkin math: restaking demand and AVS feesBullish call on $EIGEN
- EigenLayer vs EigenDA vs EIGEN: what each one isCovers $EIGEN
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