Stakers to Get 15% Allocation in EigenLayer Token Airdrop Program

Remarkable news! EigenLayer, the Ethereum restaking protocol, has just produced a whitepaper unveiling a lot more aspects about the future Eigen token. Get prepared due to the fact future thirty day period, local community members will receive a particular airdrop of this token!

• Year 1 of the airdrop, as in depth on the Eigen Basis website, will distribute 5% of the token provide. All those qualified for the airdrop include things like folks who staked right with EigenLayer and those who employed Liquid Staking Tokens (LSTs).
• In period 2, people who engaged with DeFi positions similar to EigenLayer could also qualify for airdrops. In excess of the extensive time period, 15% of the EigenLayer token offer will be dispersed to stakers. Also, 15% will be allotted to neighborhood initiatives, and a further 15% will assist ecosystem advancement.
• Looking at the token distribution, 29.5% is set apart for traders, when 25.5% is reserved for early contributors. Equally teams will have a 3-12 months lockup period for their tokens, with a full lock in the 1st yr adopted by a gradual unlock of 4% per thirty day period above the subsequent two several years.
• With EigenLayer, buyers have the possibility to restake their Ether employing LSTs, maximizing economic stability for 3rd-occasion layer 2 networks.