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Buzz and discontent. In today's flat market, EigenLayer's announcement of their new EIGEN token has certainly stirred the pot, though not entirely in the way many might have hoped.
As Crypto Twitter digests the latest news, sentiment appears strongly mixed, leaning more towards the downside, with Ethereum's price seemingly unaffected by the day's developments.
At 1PM EST, the EigenLayer team released the whitepaper for EIGEN, a token with many unique design features like "Work Token Models" and "Intersubjective Forking." Impressed with the token's planned role in the protocol, many in EigenLayer’s community took to Twitter to congratulate the team and explain EIGEN's nuances.
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