Mass withdrawals began on April 29, following EigenLayer‘s decision to ban transactions in the US and Canada from the upcoming airdrop. More than 12,412 withdrawal requests were received after EigenLayer – the largest Ethereum reinvestment protocol – was dreamed up following the planned EIGEN airdrop.
Mass shootings have faded, with Dune launching on April 29 and EigenLayer seeing 4,336 withdrawal requests daily, with requests rising to 6,496 on April 30. In three days, more than 12,412 people withdrew after a white paper on the EigenLayer EIGEN token was published on April 29. But a few were extrajudicial, including the United States, Canada, and several African and Asian countries.
EigenLayer has more than 107,000 depositors, according to Dune. 12,412 withdrawals in the last three days indicate that 11.6% of unique depositors have withdrawn from the protocol.
Although the total individual withdrawal amount cannot be determined, withdrawals in the 11.6% order would reduce EigenLayer’s current 14.8 billion total value locked (TVL) amount by only 13 billion. EigenLayer has a seven-day withdrawal processing period, with the effects of mass withdrawals only taking effect in the coming weeks.
The prohibition of the main economic balance zones from the loss of air of the EigenLayer caused the TVL of the protocol to be found in the current widespread dreams. Anndy Lian, multi-party blockchain expert and author of the book NFT: From Zero to Hero, said in her statements:
“The inclusion of these information could have significantly contributed to EigenLayer’s TVL. Their exclusion could have resulted in a reduction in the total TVL, particularly if there were active reinvestors of assets.”
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