Ethereum

EigenLayer

<ul class="wp-block-list news-points">
 <li>EigenLayer failed to provide promised gains, claims researcher Alex Obchakevich.</li>
 <li>EIGEN token has skyrocketed almost 7% in the past 24 hours.</li>
 <li>Obchakevich claimed that the users of EigenLayer are questioning its transparency.</li>
</ul>  
EigenLayer (EIGEN), a leading blockchain protocol focused on restaking while leveraging the Ethereum network, has failed to stand up to the expectations of the investors, claims Alex Obchakevich, the founder of Ukrainian-Austrian cryptoanalytics company Obchakevich Research.&nbsp;  
In a <a href="https://x.com/obchakevich_/status/1844804083351535638" target="_blank" rel="noopener noreferrer nofollow">post</a> on X (formerly Twitter) on Friday, the researcher highlighted how EigenLayer attracted a lot of attention during its initial days and successfully raised a massive $64.5M from venture capital funds. EigenLayer promised “innovation in liquid staking, delivering high revenues for users and reliability for investors” but failed to do so, said Obchakevich.  
Related: <a href="https://coinedition.com/eigenlayer-eigen-price-prediction/" rel="noopener noreferrer nofollow">EigenLayer (EIGEN) Price Prediction 2024-2030: Will EIGEN Price Hit $10 Soon?</a>  
Obchakevich stated that the users of the EigenLayer protocol expected significant returns from staking their assets but the actual returns were significantly lower which resulted in increased dissatisf…
The post <a href="https://coinedition.com/eigenlayer-failed-to-complete-its-promises-researcher/" rel="noopener noreferrer nofollow">EigenLayer Failed to Complete its Promises: Researcher</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

EigenLayer Failed to Complete its Promises: Researcher

Coin Edition

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