GenLayer

Hemera becomes the first service project of AltLayer Wizard, building a real-time verifiable data network based on the infrastructure of Eigenlayer

ChainCatcher news, Hemera is building a programmable semantic data layer driven by an innovative account-centric indexing protocol. This data layer helps developers abstract the heterogeneity of smart contracts, allowing them to express new semantics through user-defined functions (UDFs).By leveraging AltLayer's Wizard and relying on Eigenlayer's infrastructure, Hemera is able to provide a verifiable data network in real-time. Hemera's complex state machine makes achieving verifiability through zero-knowledge technology impractical. However, with the shared security mechanism, Hemera's verification nodes AVS address this critical issue, making it a fully verifiable protocol network that provides Hemera's programmable semantic data network to all rollups and applications within and outside the Eigen ecosystem in a minimally trusted manner.Arthur Meng, founder and CEO of Hemera, stated, "AltLayer's Wizard product simplifies the development of AVS, helping development teams save months of engineering time and allowing developers to focus on building their applications. The AltLayer team possesses exceptional expertise and deep knowledge of the rollup and restaking ecosystem, assisting partner teams in tackling complex challenges from both technical and market perspectives. The Hemera team is very excited about collaborating with them in AVS development and other areas."Based on the Hemera protocol, developers can focus on specific business needs without the need to maintain an internal data team to handle on-chain data.

EigenLayer has been criticized by community members for the staking rewards obtained by early investors being exempt from token lock-up restrictions

ChainCatcher news, according to CoinDesk, EigenLayer has faced criticism after it was revealed that early investors received staking rewards without the restrictions of token locks. Investors and community members have complained about the lack of transparency in the supply of EigenLayer tokens. The total supply of EIGEN is fixed at 1.68 billion, with a circulating supply of 186 million, an FDV of 5.8 billion dollars, and a market cap (excluding uncirculated tokens) of 650 million dollars. Many of the questions raised by community members stem from a portion of these locked tokens, which belong to early investors who purchased them in heavily discounted funding rounds.Investors who bought in EigenLayer's 14.4 million dollar seed round, 50 million dollar Series A round, and the latest 100 million dollar funding in February can now stake their locked tokens for rewards. Currently, a total of 130 million EIGEN tokens have been staked. Many believe these are part of the claimed tokens, but in reality, 70 million of those tokens belong to this small group of early investors. EigenLayer investor TardFiWhale.eth wrote on X that the project recently updated its documentation, stating that "Staking by Eigen Labs investors is unrestricted," and that rewards are not subject to lock-up restrictions. The X post claims that this information was not included in the archived documents from mid-September.After the launch of the EIGEN token, it initially rose to 4.39 dollars, then fell by more than 20% to 3.57 dollars.
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