EigenLayer Points Trading Market Debuts on BIT Exchange Due to Growing Market Interest
The crypto community is abuzz with excitement as the EigenLayer Points Program, a significant new initiative by BIT, has been unveiled. This program is considered a notable event in the DeFi (Decentralised Finance) space, marking a new chapter in the development of the EigenLayer ecosystem.
The EigenLayer Airdrop, a new token distribution event, is linked to the ELP token held on the BIT platform. Early adopters who restake their ETH on the platform are rewarded with one ELP every hour. The ELP tokens will be used as eligibility criteria for the EigenLayer Airdrop.
BIT has also announced that it will distribute the new token from the EigenLayer Airdrop to ELP holders on its platform based on the official conversion rate. It's important to note that the tradable points on Whales Market are not a tokenised version of EigenLayer points, but rather the rights to EigenLayer points when they launch.
Meanwhile, Kelp DAO offers Kelp Earned Points token, KEP, which is a tokenised representation of EigenLayer points. EigenLayer has crossed $15 billion TVL (Total Value Locked) following its mainnet launch, indicating a strong adoption and interest in the project.
As of now, over 3.9 billion staking points have been allocated to 107,915 depositors, and EigenLayer is averaging more than 107 million daily points emissions. This shows the active engagement of users in the EigenLayer Points Program.
LAN, Co-founder & COO of BIT, stated that the launch of the EigenLayer Points Program is a significant milestone for BIT and the broader crypto news community. He emphasised that this program offers an opportunity for users to get involved with EigenLayer and participate in the early stages of a new DeFi application.
The BIT Exchange has also launched the ELP/USDT spot trading marketplace, allowing early adopters to engage with EigenLayer and trade ELP against USDT. With the EigenLayer Points Program, users stand a chance to receive valuable rewards in the EigenLayer Airdrop.
In conclusion, the EigenLayer Points Program is a promising development in the DeFi space, offering exciting opportunities for users to get involved in the EigenLayer ecosystem. As more details about the program emerge, we can expect to see further growth and engagement in the EigenLayer community.
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