EIGEN Coin Listing on CoinW Exchange
2024-10-09
Bittime - Coin OWN listing di CoinW. Coin trading from EigenLayer will be available starting October 1, 2024 at 05.00 UTC. EIGEN's arrival at CoinW marks an important milestone for the restaking protocol and has the potential to change the security and innovation landscape of Ethereum.
Be aware, EigenLayer emerged as a revolutionary force in the Ethereum network by introducing the concept of restaking. This innovation allows Ethereum validators to expand the assets they stake to secure additional decentralized applications.
In this way, the security benefits of initial staking can be multiplied. Using a large number of validators across multiple modules, EigenLayer significantly strengthens the security infrastructure of Ethereum-based applications.
However, EigenLayer's role is not only limited to improving security. The protocol also serves as a testing ground for new Ethereum features, providing a platform to test innovations before they are integrated into the Ethereum main network.
This makes EigenLayer an important player in the development and evolution of Ethereum as a whole.
Retaking is in the Spotlight, Community Support Strengthens
EIGEN's listing on CoinW comes amidst increasing attention in the Ethereum community towards restaking. EigenLayer has gained widespread support, buoyed by a recent massive airdrop that solidified its position as key infrastructure for the Ethereum network. With the listing on CoinW, access to EIGEN tokens is expected to become easier and will encourage wider adoption of the EigenLayer protocol.
The EIGEN token is designed with a tokenomics model that focuses on long-term sustainability and community engagement. The total supply initially stands at 1,673,646,668.28466 tokens, with 45% of the total distribution as well as future inflation allocated to the community. This strategy aims to ensure the continued participation of token holders in the governance and development of the protocol.
Big Investment for EigenLayer
Industry confidence in EigenLayer's potential is demonstrated through Series A funding of $50 million (around IDR 780 billion) led by Blockchain Capital. Additionally, there was participation from major investors such as Electric Capital, Polychain Capital, and Coinbase Ventures.
This major investment is expected to drive continued scale and innovation of the EigenLayer protocol in the Ethereum ecosystem.
Balso: EigenLayer Team Mistakenly Transfers $5.5 Million Worth of EIGEN Coins to Hackers?
Wider Access, Greater EIGEN Coin Adoption Potential
With restaking continuing to be a key narrative in the Ethereum community, EIGEN's listing on CoinW is expected to expand the token's accessibility and accelerate adoption of this innovative security model.
This move also opens up new opportunities for investors and traders to get involved in the growth of the protocol that is changing Ethereum's security landscape.
Developments such as EIGEN's listing on CoinW show that innovation in blockchain technology and decentralized finance continues to take place. The success of EigenLayer and similar protocols could have far-reaching impacts on the security, scalability, and functionality of blockchain networks, possibly influencing the future direction of the crypto industry as a whole.
EigenLayer is not just a platform for staking. This protocol is a bridge to a more secure and innovative future for Ethereum.
With its breakthroughs, the protocol shows that innovation and security can go hand in hand, providing a strong foundation for a rapidly growing blockchain ecosystem.
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