EigenLayer aims to give 86 million EIGEN tokens to stakeholders in its season 2 "stakedrop," or 5% of its 1.67 billion tokens.
This payout will benefit stakeholder, node operator, ecosystem partner, and community members active between March 15 and Aug. 15.
Ether deposits and stakes are allocated to safe third-party networks or actively certified services on EigenLayer.
In proportion to their ether invested, stakers and active node operators will get 70 million tokens.
AVSs, rollups, liquid restaking protocols, rollup-as-a-service providers, and other EigenLayer contributions get up to 10 million EIGEN tokens.
Residents, especially open-source developers and early champions, must prove their social identities by Sept. 11 to get the remaining 6 million EIGEN tokens.
Tokens will be available to eligible stakeholders on Sept. 17.
EigenLayer's total locked value fell from $20.1 billion in June to $11.5 billion, mirroring a larger crypto market loss and liquid restaking industry patterns.
Before trading, pre-markets like Hyperliquid value EIGEN tokens at $2.70, giving EigenLayer a potential fully diluted worth of $4.5 billion.
At Korea Blockchain Week, Tools for Humanity CEO Alex Blania stated Worldcoin plans to mass-distribute its eyeball-scanning "Orbs" to authenticate users and improve usefulness.
"I think fundamentally, similar to other networks that we have seen emerge over the last couple of decades like PayPal or even social networks like Facebook, they only become useful once they are at scale," he said.
Worldcoin boasts over 6.5 million verified users in 160 countries and uses iris scans to offer "World IDs" as evidence of humanness in return for WLD tokens to shield humanity from AI repercussions.
Blania said that the organization would disclose "exciting updates" about its next-generation Orb gadget in the coming weeks.
Robinhood's crypto unit will pay the California DOJ $3.9 million for limiting bitcoin withdrawals from 2018 to 2022.
The settlement ends an inquiry that concluded Robinhood deceived consumers into selling their bitcoin back to depart the site instead of withdrawing them.
Robinhood must now allow users to withdraw crypto and disclose that it would hold crypto and postpone settlement with trading venues.
Robinhood plans to acquire Bitstamp for $200 million in 2025, despite the penalty.
Global travel market Skyscanner now offers hotel reservations in over 100 cryptocurrencies, including bitcoin, ether, and Travala's native currency AVA.
Skyscanner's 110 million customers may now find Travala's 2.2 million hotels in 230 countries alongside Expedia and Booking.com.
"We're making travel planning easier and more flexible for the growing number of travellers who prefer alternative payment methods," said Skyscanner Hotels Head Sanja Vukik.
The AVA Smart Program at Skyscanner gives Travala customers discounts, up to 10% bitcoin back, and other web3 incentives.
The decentralized predictions tool Polymarket shows Donald Trump leading Kamala Harris by seven percentage points, the greatest difference since Aug. 22.
The platform now gives Republican Trump a 53% probability of winning the U.S. presidential election, compared to Harris' 46%. Harris had led after replacing President Joe Biden as the party's candidate.
Polymarket's odds contrast with national polling averages that show Harris ahead, 47% to Trump's 44%, according to Bernstein analysts.
