EigenLayer CEO Sreeram Kannan. (Bradley Keoun)

EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It's Non-Transferable

Summary

EigenLayer has launched the EIGEN airdrop, but the tokens are non-transferable for now. The total supply at launch is 1,673,646,668.28466 tokens, with a fully diluted value of $15 billion. Speculators value EIGEN at around $9 on decentralized exchanges. The project has faced controversy due to non-transferability, geographic restrictions on claiming tokens, and exclusion of points from third-party services in the initial airdrop. EigenLayer revised its plan in response to community feedback, allocating extra funds for some users in the "Season 1" airdrop.