Currently, the staking amount of EIGEN is higher than the circulating supply, as investors' "locked" tokens can be staked

ChainCatcher message, overseas KOL Ignas posted data on X indicating that the amount of EIGEN currently in a staked state is greater than the amount of EIGEN in circulation------the staked amount is 242 million, while the circulating amount is 186 million (data from CMC and Coingecko). This is because EigenLayer allows tokens from investors in a "locked" state to be staked.

Lgnas further stated that this is a common issue in the industry, and TIA seems to have a similar problem. It dilutes the staking rewards that real users can obtain and limits the appreciation potential of the token, as the lower APY is insufficient to attract people to buy these tokens from the market.