[john]

Hello! Thank you for all of the information! It looks like deposits are you still closed on Eigenlayer. Has there been any updates? Thank you

[john]

Hi Dawne!

Thanks for asking! There is a lot that I think is great and I’ll probably neglect to mention some parts, but I’ll fill you in as much as I can!

Basically it’s the only blockchain that I’ve found that actually does everything on-chain. Every other chain I’ve researched uses AWS or some other off-chain hosting service. That means that the security of blockchain is basically voided.

So, most or all crypto narratives are done on ICP. AI, gaming, social media, RWA, etc are all done on ICP and all done on-chain. Other projects are concerned with one aspect while ICP does them all.

They have built in layer 2s for BTC, ETH, USDC and more, meaning you can use those coins in the ICP ecosystem. You can keep your BTC and others in ICP which means it’s kept on-chain and is more secure than even a ledger. Swapping in ICP is super fast and cheap as well.

You can get almost 15% APY by staking ICP!

DFINITY is the team behind ICP and they have the biggest team by far that I’ve seen. A lot of projects don’t even include who is working on it, but they have over 200 people working on the project and you can see on Dfinity’s site their pictures and profiles. It’s a level of transparency that I haven’t really seen anywhere else

There’s definitely more, but I’m just writing off the top of my head…

Oh the chain is MUCH faster and more powerful than pretty much any I’ve seen. You’ll have to look up the numbers, but they are usually in the range of 4-5k transactions per second and that’s complex transactions. It’s equivalent to like half a million ETH transactions per second. They also do over 40 blocks per second as well.

[john]

Thank you for the reply! 🙏

[john]

Thanks for this, Cliff!

Where would we be able to sell or trade Eigen tokens?

[john]

Thank you!! ????