🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Eigen Labs Cuts 25% of Workforce to Prioritize EigenCloud: Report - Unchained
Eigen Labs has laid off 25% of its workforce, amounting to 29 employees, Blockworks reported on Tuesday
The layoffs were part of a strategic shift to focus on the development and expansion of its new platform EigenCloud, for which the company raised $70 million in June.
EigenCloud enables the creation of verifiable, trustless applications – both onchain and offchain – by combining traditional cloud programmability with cryptographic, blockchain-grade verifiability.
This story is an excerpt from the Unchained Daily newsletter.
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“While today’s reorganization is painful, I’m extremely optimistic about our future,” said Eigen Labs CEO Sreeram Kannan.
“Demand for verifiable compute is growing as developers build software for the AI era, and EigenCloud is uniquely positioned to service this market need with a cloud platform backed by billions in stake and thousands of operators around the world.”
Impacted staff will reportedly receive accelerated token vesting, three months of base pay, and career support.
EigenLayer’s native token EIGEN rose nearly 10% after the news to an intraday high of $1.17. The token has rallied significantly since its all-time low of $0.66 three months ago, but is still trading 80% lower than its record high of $5.65 in December