EigenLayer Announces New Cap Increase for Liquid Staking Tokens (LST)
2023/08/11 22:00
EigenLayer, a re-collateralization agreement, has announced a new upper limit for its liquidity collateral token (LST). The upper limit for LST (including stETH, rETH, and cbETH) will now be removed, and users will be able to deposit any of these tokens into EigenLayer. This expands the ability for re-collateralization and stimulates a wider user network to actively participate in collateralization.
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