💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
I was among the first @eigenlayer evangelists and educators.
Even now, I keep a % of the initial airdrop staked.
My thesis is simple: Restaking is the fundamental infra.
Why $EIGEN, why now ↓
1. Bullish ETH sentiment → Eigen’s security & usability expand → But still no price action post-rally.
2. Eigenlayer #1 in DeFi restaking with >$23B TVL & 200+ AVSs. No real competitors. TVL = ATH, token = near bottom.
3. Valuation setup → Down ~79.5% from ATH ($5.65). Trading at a narrative discount.
4. Institutional bet → a16z put in $170M; ETHZilla just restaked $100M ETH into EtherFi (on Eigen).
Imo, $EIGEN is currently very undervalued from a fundamentals perspective.