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Magpie cooperates with EigenLayer to launch SubDAO "Eigenpie" focusing on liquidity re-hypothecation

CointimeCointime2024/01/23 01:55
By:Cointime

Magpie announced a collaboration with EigenLayer to launch SubDAO "Eigenpie" focusing on liquidity re-staking. On Eigenpie, participants can deposit LST to obtain a liquidity re-staking version of their tokens. In order to reduce the risk associated with any specific LST supported by Eigenpie, Eigenpie plans to generate a "re-staking" version for each LST approved for deposit on our platform.

EGP is the governance and revenue sharing token of the Eigenpie ecosystem, promoting decentralized decision-making and bringing economic benefits to its holders.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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