CryptoTelugu@holdbtcApr 30

馃挜 @eigenlayer exit strategy

馃槈Many r speculating $EIGEN 馃獋coming soon

馃憤Even i feel the same

鉂囷笍My reasons馃憞
1锔忊儯
馃挵TVL - 5M $ETH
馃挵TVL - $ 16B
馃獧Total Eigen points - 4.6B
馃棑锔廌aily points emission - 120M
馃くTotal points will 2X in 39 days

馃獧Points growing rapidly fast, project has to take snapshot & do season1 drop ASAP
鉂孫r else fully diluted

2锔忊儯
鉁匘elegate went live
鉁匒VS went live
馃榿Now only thing left is Eigen rewards to restakers

馃巵All this indicate Eigen drop is near

3锔忊儯Few users hint

鉂囷笍Expected rewards
馃獧Expected points - 5B
馃獧Current point value - $ 0.15
馃獧Points mcap - $ 750M

鉂囷笍Linear or Tier?
馃獋Rewards will be mostly linear
馃獧More points =more 馃獋
鉁匨ost projects with points doing linear
馃挜 @ether_fi was best drop so far
馃挜If project keep minimum reward to eligible users like EtherFi, it would be great

鉂囷笍Expected Airdrop multiplier
鉁匩FT holders
鉁匘AO voters
鉁匘elegate user

鉂囷笍Exit plan
1锔忊儯If u r directly restaked on EigenLayer
鉁匩o need to worry, just unstake after claim
鉁卽 get back LST after a week

2锔忊儯If u used 3rd party apps & joined with LRT
鉁匧ike EtherFi, Puffer, Renzo, Kelp etc
馃搯Exit from all your loop strategies by this week to be safe
鉁匤ust hold tokens r just supply in one side
鉂孌on't borrow against LRT
鈿狅笍High chances of depeg due to many exit farmers
鈿狅笍LRT like ezETH rsETH etc without withdraw option r risky
鉁匲 don't have to worry about depeg if no lend borrow loop because sooner or later they will enable 1:1 withdraw

3锔忊儯U can continue restaking after token launch if u in for ETH APY

馃摜We should start seeing staking based Airdrops more like APY investment

馃憞Post your opinion in comments section below

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twitter.com/CryptoTeluguO/status/1784800515412709735?t=ZPeIvywebqeakf0P0x_NMg&s=19