The first season of Eigen Stakedrop is finally here! Quick recap: Eigen Layer is a liquid restacking protocol that allows blockchain developers access to the Ethereum staked capital base.
Eigen Layer Foundation
The Season 1 Drop:
- Will be made on May 10th.
- Represents 5% of the total supply of 1,673,646,668.28466 tokens.
- The snapshot occurred on March 15th.
It’s very important to note that on the day of the drop, you will not be able to buy or sell $Eigen. No date has been announced for that yet. You can only stake it in order to secure the token.
Many more seasons will follow with an allocation of 15% of the total supply.
Tokenomics
We don’t have all the info about the token, but here is what we know:
45% will go to the community. This includes :
- 15% for all the stakedrop seasons.
- 15% for future community initiatives.
- 15% is allocated to R&D and ecosystem development.
25.5% for Early Contributors and 29.5% will go to investors.
They will be locked for 1 year with an emission rate of 4% per year there after.
We have this graphic from the Eigen Foundation :
Check your eligiblity at claims.eigenfoundation.org
There is no need to sign any transactions so be aware of scam !
As always thank you for reading !
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Disclaimer : This is not a financial advice, you need to do your own research !
