Cryptoverse
@cryptoverse
EigenLayer his been hit by criticism after it was revealed that staking rewards received by early investors are not restricted by token lock-ups. EIGEN's total supply is fixed at 1.68 billion and its circulating supply is 186 million. As it stands, there are 130 million EIGEN tokens staked. Many believed these were all a part of the claimed tokens but in fact, 70 million of these tokens belong to this small group of early investors. https://www.coindesk.com/business/2024/10/02/eigenlayers-token-launch-draws-scrutiny-over-supply-concerns/
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