EigenLayer Launches Airdrop Season, Allowing Users To Claim 113M EIGEN Tokens

EigenLayer Launches Airdrop Season, Allowing Users To Claim 113M EIGEN Tokens

Summary

EigenLayer has launched an airdrop season, starting with 6.05% of the total EIGEN token supply, increasing to 6.75% in mid-June. The protocol plans to unlock token transfers by September 30th, 2024. EigenLayer has attracted $14 billion in assets since its 2023 launch and is the second most popular DeFi application. The restaking service has contributed to nearly 4% of all ETH being restaked. However, virtual private network users and residents of certain countries are excluded from the airdrop. Ethereum is trading at $2,890, with a 3.8% drop in the past 24 hours.