EigenLayer, the pioneering restaking protocol with over $16 billion in staked ETH, is set to launch its native EIGEN token in May 2024. This milestone introduces a 1.67 billion token supply managed by the Eigen Foundation, focusing on decentralized governance and ecosystem growth.
Key Highlights
Token Distribution:
- 45% to community (stakedrops, initiatives, ecosystem development)
- 29.5% to investors (3-year lockup)
- 25.5% to contributors (3-year lockup)
Stakedrop Phase 1:
- 5% of supply distributed based on March 15, 2024 snapshot
- Claim opens May 10 with 120-day window
Innovative Security:
- "Intersubjective forking" to combat off-chain malicious behavior
- Complements Ethereum's on-chain slashing mechanisms
EIGEN Token Allocation
| Category | Allocation | Release Schedule |
|---|---|---|
| Community | 45% | Gradual via stakedrops |
| Investors | 29.5% | 1-year lock, 4%/month after |
| Early Contributors | 25.5% | Same as investors |
Intersubjective Forking: A New Security Paradigm
EigenLayer's crypto-economic innovation addresses challenges like:
- Oracle data withholding
- Off-chain manipulation
By combining: - ETH restaking slashing (on-chain)
- Community-driven forking (intersubjective consensus)
👉 Learn how intersubjective forking enhances DeFi security
Staking and Ecosystem Participation
- Stake EIGEN to secure EigenDA (data availability layer)
- Future integration with AVS (Actively Validated Services)
- Season 1 stakedrop rewards active users since launch
FAQ Section
Q: When can I claim my stakedrop tokens?
A: 90% claimable starting May 10, 2024; remaining 10% one month later.
Q: What's the purpose of the EIGEN token?
A: It enables governance, secures AVS services, and aligns incentives across EigenLayer's ecosystem.
Q: How does intersubjective forking work?
A: Community members collectively identify and penalize malicious actors through token-weighted consensus.
👉 Explore EigenLayer's restaking opportunities
Editorial Note: This article adheres to journalistic standards without promotional intent. For updates follow official EigenLayer channels.
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