🚀 EigenLayer's new whitepaper reveals juicy details about the upcoming Eigen token airdrop! 🎉
- Season 1 of the airdrop will distribute 5% of the token supply to those who staked with EigenLayer or used Liquid Staking Tokens (LSTs).
- Season 2 might reward those who interacted with EigenLayer-related DeFi positions.
- Long-term, 15% of the token supply will go to stakers, with another 15% each for community initiatives and ecosystem development.
Investors get a 29.5% slice of the pie, while early contributors get 25.5%, but both groups face a 3-year lockup period on their tokens.
EigenLayer's protocol allows users to re-stake their Ether using LSTs, bolstering economic security for third-party layer 2 networks.
What's your take on the Eigen token airdrop? Share your thoughts below! 👇 #DeFi #EigenLayer #Web3