First mover tech imo. EigenYield (eYLD) is trying to create an investment token that earns trading fees instead of relying on token prices.It doesn't buy the underlying tokens.
It acquires the right to receive future creator fees from eligible Pons liquidity pools.
Pons pools charge about 1% on trades, with part going to the creator.
EigenYield bundles fee rights from multiple pools into one eYLD token.
It uses PCA/eigenvectors to decide which pools get larger weights based on their historical fee behavior.
The thesis is that token prices can crash while trading volume—and therefore fees—remain high.
But if trading activity dries up, fees fall and eYLD can stagnate.
They claim 10 pools currently qualify, with ~0.1 ETH in accrued unpaid fees.
CA:0x98b328e2d4f463042cb1cf4b8e464d96f46cf78c
