$EIGEN - Is Lead Trend good?
Lyn has received many questions about this one.
Lyn has finished it, and summarized it in 6 main Bullcases (See the file for details)
1. Lead Trend Restaking
- Restaking is a new segment, $EIGEN is currently top 1 Restaking ETH system. Can see Restaking = Defi 2.0
- Users bring ETH to stake --> Restake and enjoy APY many times
- No push wave yet + new game has Ponzi scheme
--> Huge potential to attract new people
- Current TVL 10 billion $ —> On top Defi
2. VCs
Raise 3 rounds up to 164m$ from Polychain, a16z and Coinbase (A16Z alone bids 100m$ in round 3, a bit like $OP)
3. Team
Most of the Devs used to work at Amazon, Facebook, Coinbase, Consensys..
4. Tokenomics
- $EIGEN currently has a pretty good Tokenomics: No inflation in the first year, Only circulation from Airdrop.
- Investors (VCs) will be paid in September 2025
