AVS network - ChainCatcher

AVS network

Data: The first AVS network in the Bitcoin ecosystem, Pell Network, has a TVL exceeding 170 million USD

According to ChainCatcher news, the official announcement states that the first active validation service (AVS) network built on a re-staking protocol in the Bitcoin ecosystem, Pell Network, has surpassed a TVL of $170 million. Pell has been deployed on BNB Chain, Bitlayer, Merlin Chain, and BounceBit, with over 16,000 users participating in staking.To accelerate the closure of the entire AVS ecosystem construction loop, Pell has also partnered with the industry-leading node operation service platform Edgevana.

2024-06-11

What is the current state of the restaking industry and what are the potential changes ahead?

Recently, a series of factors including the realization of the airdrop expectations of @eigenlayer, the underwhelming performance of @RenzoProtocol after its launch, and the decrease in Fomo sentiment for other Restaking projects have undoubtedly cooled down the Restaking sector. How should we view the current situation of the Restaking industry and the potential changes ahead? Next, I will briefly share a few viewpoints:

2024-05-10

Restaking industry

What is the current state of the restaking industry and what are the potential changes ahead?

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