Chain analyst monitoring found that Sun Yuchen, the founder of TRON, recently identified the LRT “liquidity repledge token” track and invested a total of 271,328 stETH, with a total value of up to 662 million US dollars.
As the first native liquidity pledge protocol on the Eigenlayer platform, Puffer Finance not only makes repledging on Eigenlayer easier but also allows anyone to operate Ethereum’s PoS validator, enabling investors to receive airdrop rewards in the Puffer Finance protocol.
It is worth mentioning that according to data monitored by chain analyst @ai_9684xtpa, Sun Yuchen recently identified the LRT “liquidity repledge token” track and made a large-scale pledge to Puffer Finance in the past 10 hours.
Currently, Sun Yuchen’s address 0x176…0a132 has pledged up to 58,000 stETH to Puffer Finance, with a total value of approximately 141 million US dollars, becoming the “score champion” of the protocol, which has made the community sigh: Does Sun Brother always do airdrops like this…
Sun Brother becomes the score champion of Puffer Finance.
Sun Brother has invested a total of 662 million US dollars.
Not only that, Sun Yuchen also deposited 104,001 stETH into EigenLayer, with a value of approximately 253 million US dollars. As of now, Sun Yuchen has participated in ReStaking through his three different addresses, with a total investment of 271,328 stETH, with a total value of up to 662 million US dollars. Such a huge amount of pledge also shows Sun Brother’s confidence in this track.
Sun Brother continues to invest in the repledge track recently.
ether.fi currently occupies the largest share in the LRT track according to Dune data, with a lock-up of up to 348,000 ETH, accounting for 34.6% of the market share. The next is Puffer Finance, which Sun Brother recently invested in, with a lock-up of 255,000 ETH, accounting for 31.2%.
Dune
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