Eigen Foundation announces initiatives to boost rewards for engaged restakers.
Incentive Committee Introduction: The Eigen Foundation plans to establish an Incentive Committee to manage token emissions and prioritize rewards for participants providing Active Validated Services (AVSs), aiming to enhance the value for EIGEN token holders.
Fee Model and Revenue Allocation: A proposed fee model will direct revenue from EigenCloud services and AVS rewards back to EIGEN holders, with a 20% fee on AVS rewards for stakes subsidized by EIGEN incentives, promoting productive network activity.
Reward Strategy Changes: The Incentives Committee will reduce rewards for idle stakes, redirect emissions towards fee-paying AVSs, and encourage the consumption of EigenCloud services, potentially leading to a decline in baseline rewards for inactive stakes.
Governance and Implementation: Weekly EIGEN minting will be governed by the Protocol Council, with a structured action plan for community review and performance monitoring, ensuring transparency and adaptability in the incentive distribution process.
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Technical Analysis for EIGEN
Technical Sentiment Analysis for EigenLayer (EIGEN) As of , EigenLayer (EIGEN) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for EIGEN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, EIGEN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
EigenLayer (EIGEN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0545 | 0.116 | 0.174 | 0.235 | 0.293 | 0.354 | 0.412 |
| Fibonacci | 0.116 | 0.161 | 0.189 | 0.235 | 0.28 | 0.308 | 0.354 |
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