Contents:
– a16z invests £100 million in EigenLayer
– Renzo, a liquidity re-pledging protocol, receives investment from Binance Labs
– Participation in Puffer and Renzo token drop events can earn tokens
– According to Bloomberg, Ethereum re-pledging protocol EigenLayer has received a lead investment in its Series B funding round from renowned venture capital firm Andreessen Horowitz (a16z). The report states that a16z injected $100 million into this funding round.
– a16z crypto general partner Ali Yahya wrote in a public letter posted on the X platform that EigenLayer is a decentralized and market-driven mechanism that expands Ethereum’s capabilities. It has the potential to achieve 100 times the innovation speed in consensus mechanisms, new virtual machines, decentralized oracles, cross-chain bridges, and networks with dedicated hardware, just like Ethereum achieved 100 times the innovation speed in the application logic layer through the introduction of smart contracts.
– On the other hand, the liquidity re-pledging protocol Renzo, built on EigenLayer, has reportedly received investment from Binance Labs. Binance announced this news in an official statement but did not disclose the specific investment amount. Binance co-founder and head of Binance Labs, He Yi, commented on this, stating that this is not Binance’s first investment in a liquidity re-pledging protocol. Binance Labs previously announced investment in another project called Puffer, indicating Binance’s positive outlook on the development potential of the liquidity re-pledging track.
– Puffer and Renzo are currently the second and fourth largest liquidity re-pledging protocols in the market, and both are conducting token drop events.
– Users can earn project-side points and EigenLayer points by depositing ETH/stETH, and they will be able to receive two types of tokens (EigenLayer + project-side) in a single token drop event in the future.
