Ankr: AnkrETH will be integrated into EigenLayer as a collateral asset

On November 23rd, AnkrETH will be integrated into EigenLayer as a collateral for Liquid Stake tokens (LST). It is reported that AnkrETH holders will be able to use their assets in the EigenLayer ecosystem, enhance the security of Ethereum, and participate in various DeFi applications supported by EigenLayer. By becoming a collateral token on the EigenLayer framework, Ankr's LST will benefit and pave the way for increased adoption of the Ankr platform. By enabling re-staking of ankrETH, or implementing the Liquid Restaking Tokens (LRT) solution, users will be able to earn rewards on two levels while maintaining liquidity.

EigenLayer

Comments

All Comments

Recommended for you

CointimeSG ·

WalletConnect launches first airdrop season with 50 million tokens allocated to community members

WalletConnect rolled out the eligibility checker for the first season of its airdrop, allowing users to stake tokens for governance.
CointimeSG ·

Bitwise files for 10 Crypto Index Fund ETF with the SEC

Bitwise’s 10 Crypto Index Fund was launched in November 2017, with the bulk of the index fund comprised of Bitcoin and Ether.
CointimeSG ·

OKX, Forteus, and Komainu Collaborate for 24/7 Institutional Crypto Trading

Komainu secures assets and enables off-exchange settlement for Forteus on OKX. Custody services integration reduces counterparty risks for institutional traders.
CointimeSG ·

Flashbots unveils BuilderNet to combat centralization in Ethereum’s block building

Flashbots has launched BuilderNet to address the apparent centralization in the Ethereum block-building process, aiming to distribute the control of this process more evenly across different operators.
CointimeSG ·

Ether futures open interest hits all-time high — Is the ETH bull run starting?

Ethereum futures hit new records, possibly signalling a fresh bull run in ETH.
CointimeSG ·

Meme Tokens and Consent

Last night I created two meme tokens out of curiosity. They were silly experiments, and I have no particular plans for them. I ultimately found the experience deeply unpleasant in predictable ways, but at least I got some first hand exposure to the current scene. This is my writeup.
CointimeSG ·

XRP Jumps as Ripple Vows to Invest in Rebranded Bitwise Fund

The announcement arrives as the "U.S. regulatory environment for crypto [is] finally becoming more clear," said Ripple CEO Brad Garlinghouse.
CointimeSG ·

CFTC Might Get Full Oversight over the US Crypto Market Under President Trump

The anticipated change might make the CFTC responsible for overseeing the crypto spot markets and exchanges. Currently, the regulator oversees Bitcoin and Ether options and futures.
Binance to Launch MORPHO and CHILLGUY USDT Perpetual Contracts

Binance futures platform will launch perpetual contracts with a maximum leverage of up to 75 times at the following times:
Coinbase International has launched COW perpetual contracts

Coinbase International has launched COW perpetual contracts. COW-PERP market limit, market, stop loss, and stop loss limit orders are now all available.