9min chapter

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$EIGEN Token Announcement With Sreeram Kannan and Robert Drost

Bankless

CHAPTER

Eigen Token Phases and Derivative Platforms

The chapter explores Eigen token's season one phases, focusing on restaking within the Eigen layer and the derivative platforms built on it for speculation within the Ethereum app layer. It discusses the differentiation between vanilla restaking and derivative activities, emphasizes open innovation in crypto protocols, and introduces a new token called Eigen with details on staking and claiming phases.

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