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💸ETH Stakers Pile Into EigenLayer

The Defiant

DeFi Alpha

Together with

Together with

GM Defiers!

Restaking protocol EigenLayer saw impressive investor demand after raising its deposit caps yesterday. Meanwhile, Aave, the leading DeFi money market, is getting close to launching its GHO stablecoin.

In other news, MakerDAO reveals that the majority of its fee revenue is now generated from real-world assets, despite ongoing debates within its community. Ethereum developers are making headway with ERC-7281, a new token standard designed to protect token issuers against cross-chain bridge exploits. Finally, Coinbase Wallet has launched a new encrypted messaging feature.

✍️ In today’s newsletter:

  • EigenLayer attracts over 30,000 ETH in LST deposits
  • Aave proposes to deploy GHO stablecoin on mainnet
  • Real world assets now contribute 80% of MakerDAO revenue
  • Proposed ERC-7281 standard would protect token issuers from bridge hacks
  • Coinbase wallet integrates Lens Protocol
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