EigenLayer announced the reopening of staking, and its TVL has officially surpassed 12.7 billion US dollars, becoming the second-largest protocol, second only to Lido.
(How will the staking project EigenLayer change the Web3 infrastructure ecosystem?)
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EigenLayer removes staking limit
EigenLayer becomes the second-largest protocol in terms of TVL
EigenLayer removes staking limit
Liquid staking protocol EigenLayer announced the removal of the deposit limit for all Liquid Staking Tokens (LST) in the early morning of the 17th.
Users will now have unlimited access to EigenLayer’s existing 11 liquidity staking token pools, and the official emphasized that the removal of the LST limit signifies a new phase for the EigenLayer ecosystem.
Previously, EigenLayer proposed setting the reward limit for any single LST (or user) at 33% to ensure ecosystem balance and decentralization.
(EigenLayer may have a reward limit of 33% upon reopening staking on April 17th)
EigenLayer becomes the second-largest protocol in terms of TVL
Despite a slight decline in TVL measured in USD due to market fluctuations, EigenLayer has achieved significant success in staking narratives and TVL since its launch at the end of 2023 and has now become the second-largest DeFi protocol.
TVL calculated in ETH continues to show a linear upward trend, currently locking in 4.12 million ETH.
(LRT Battle Report: ether.fi, Puffer Finance, Kelp DAO ranked top three, what is the story of staking and liquidity staking?)
TVL Ranking:
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Further reading:
EigenLayer may have a reward limit of 33% upon reopening staking on April 17th
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