EigenLayer's phase one for the first season of its airdrop will go live on May 10.
EigenLayer announced it would launch season one of its airdrop on May 10.
token would play a key role in securing EigenDA and actively validated services . Also read: EigenLayer TVL crosses $15 billion despite potential yield crisis Eigen Foundation unveils on Monday. After going live on April 9, rumors of a potential airdrop from the leading Ethereum restaking protocol reached the crypto community. The platform, which boasts nearly $16 billion in total value locked , said the airdrop or so-called stakedrop will go live in May. The Eigen Foundation, a newly created non-profit dedicated to accelerating the growth of the EigenLayer ecosystem, made the airdrop announcement.
will operate as an inflationary token. The airdrop, which would unfold in different seasons, would see 5% of the initial token supply going to restakers in this first season based on a snapshot taken on March 15, 2024, at Ethereum block #19437000. Season 1 comprises two phases, with 90% released on May 10, while the other 10% in subsequent releases. The launch of
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