Introducing EigenLayerโs EIGEN Token Launch
Prepare to participate in EigenLayerโs upcoming native token launch of EIGEN in May, with a total supply of 1.67 billion tokens available. Learn more about the distribution of tokens and the innovative features EigenLayer has in store for its community.
Summary of EigenLayerโs EIGEN Token Launch
- EigenLayer is set to release its native token, EIGEN, with a total supply of 1.67 billion tokens at launch.
- The Eigen Foundation will distribute 45% of the tokens to the community through stakedrops, community initiatives, and ecosystem development.
- Investors will receive 29.5% of the tokens, while early contributors will receive 25.5%, both subject to a three-year lockup period.
- The first season of the stakedrop will kick off with 5% of the token supply distributed to users based on their staking activities as of March 15, 2024.
- EigenLayer introduces โintersubjective forking,โ a crypto-economic security system to combat malicious behaviors not immediately detected on-chain.
Get ready to seize the opportunity to engage with EigenLayerโs EIGEN token launch and explore the unique benefits it offers to the crypto community.
The Community Allocation
- 45% of the tokens will be distributed to the community through stakedrops, community initiatives, and ecosystem development.
- The stakedrop, also known as the community airdrop, will reward users who actively participate on the platform across multiple seasons.
The Seasonal Stakedrop
- The first season of the stakedrop will distribute 5% of the token supply based on usersโ staking activities on March 15, 2024.
- 90% of the tokens will be claimable on May 10, with a 120-day claim window, while the remaining 10% will be available in a second phase a month later.
Investors and Contributors Rewards
- 29.5% of the tokens will be allocated to investors, and 25.5% will go to early contributors.
- Both groups will face a three-year lockup period, with a gradual release of 4% of their holdings per month over the following two years.
Introducing Intersubjective Forking
- EigenLayer unveils โintersubjective forking,โ a novel crypto-economic security system to handle malicious behaviors not easily identifiable on-chain.
- This innovative mechanism complements the projectโs plan to slash ETH restakers for objectively detectable on-chain behavior, reducing the burden on Ethereum validators.
Stake EIGEN Token for Security
- With the launch of the EIGEN token, users can stake it to secure EigenLayerโs data availability layer, EigenDA, with additional Actively Validated Services (AVS) to come.
- Experience a significant milestone in EigenLayerโs evolution with the introduction of the EIGEN token, enhancing the restaking ecosystem.
Hot Take: Get Ready for EigenLayerโs EIGEN Token Launch!
Be prepared to engage with EigenLayerโs upcoming EIGEN token launch and seize the opportunity to earn rewards through staking and active participation in the community. Stay tuned for more updates and exciting developments as EigenLayer continues to innovate and grow in the restaking sector.
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