On October 7th, overseas crypto KOL Ignas published data pointing out that the number of EIGEN currently in the state of pledge is larger than the number of EIGEN in circulation, the amount of pledge is 242 million, and the circulation is 186 million (CMC and Coingecko data). This is because EigenLayer allows investors' tokens in a "locked" state to be staked. Ignas added that this is a common problem in the industry, and TIA appears to have a similar problem. It dilutes the staking rewards available to real users and limits the token's appreciation potential, as the lower APY is not enough to attract people to buy these tokens from the market.