Remember the "restaking" narrative hype cycle from the 2023-2024 era? Teams are now unwinding Eigen AVSs because the AVSs generate little to no rewards, restaking yields have also collapsed (<0.3% on ETH), and incentives have dried up. I remember when restaking was supposed to be the big narrative of this cycle. Turns out AVS demand never showed up, yields died, and the stake moved on.
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