David Hoffman (Bankless) on Eigenlayer (EP.515)
On The Brink with Castle Island
Exploring the Competitive Landscape of Layer Representable Tokens
The chapter delves into the competitive dynamics of Layer Representable Tokens (LRTs) in the DeFi ecosystem, contrasting them with Layer Stablecoins and highlighting the diverse strategies and partnerships of various LRTs. Discussions also cover value accrual, valuation comparisons with LIDO, diagnosing AVS risks, and Eigenlayer's potential impact on Ethereum and the broader blockchain space.
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