💥 #Binance Announcement May Trigger Another Reversal In EigenLayer ( $EIGEN ) Price😳
As per an official Binance announcement dated October 16, EigenLayer has been integrated into the exchange’s ‘Loans (Flexible Rate) and VIP loans’ starting today.
This announcement has set off optimistic waves, offering market participants enhanced exposure when dealing with the asset. Flexible rates allow users to borrow funds at a variable interest rate, adjustable periodically based on market conditions. VIP loans on the platform primarily cater to high-volume users, providing more favorable terms or larger borrowing limits.
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