EigenLayer

EigenLayer is an innovative project designed to enhance the security and scalability of the Ethereum network by enabling the restaking of ETH across multiple protocols. This system allows staked ETH to be used as cryptoeconomic security for other protocols in exchange for fees and rewards, optimizing capital efficiency for validators and offering new possibilities for developers within the Ethereum ecosystem.

EigenLayer is airdropping 15% of the total supply of EIGEN tokens for airdrops across all seasons. Season 1 Phase 1 and Phase 2 airdrops are live now, where 6.7% of the total supply has been allocated. Users who’ve restaked ETH or LSTs on EigenLayer by the snapshot date are eligible for the Season 1 Phase 1 airdrop. DeFi adventurers who engaged with Kelp, Pendle, Equilibrium, and other protocols before March 15, 2024 are eligible for the Season 1 Phase 2 airdrop. Season 2 of the airdrop is already in progress, and distribution details will be shared in the upcoming weeks as part of additional distribution efforts.

Step-by-Step Guide:
  1. Visit the EigenLayer airdrop claim page.
  2. Connect your Ethereum wallet.
  3. If you’re eligible, you will be able to claim free EIGEN tokens.
  4. Users who’ve restaked ETH or LSTs on EigenLayer by the snapshot date are eligible for the Season 1 Phase 1 airdrop.
  5. DeFi adventurers who engaged with Kelp, Pendle, Equilibrium, and other protocols before March 15, 2024 are eligible for the Season 1 Phase 2 airdrop.
  6. Additionally, a small EIGEN token allocation has been made to some testnet users. However, upcoming testnets, such as Holesky, will not feature token allocations.
  7. The snapshot was taken on March 15, 2024.
  8. EigenLayer has also added an additional 100 EIGEN to users who have interacted with the platform by April 19th.
  9. Users who were initially eligible for the minimum allocation of 10 EIGEN will now receive 110 EIGEN.
  10. Eligible users have until September 7, 2024 to claim the tokens.
  11. A total of 15% of the total supply has been allocated for airdrops across all seasons.
  12. Season 1 Phase 1 and Phase 2 is live now, where 6.75% of the total supply has been allocated to users who have interacted with the EigenLayer protocol in simpler ways.
  13. The claimed tokens are currently non-transferable and will be unlockable after further decentralization is achieved. These features are targeted for mainnet by September 30th, 2024.
  14. Season 2 of the airdrop is already in progress, and distribution details will be shared in the upcoming weeks as part of additional distribution efforts.
  15. The remaining allocation of 8.25% of the total airdrop supply will be airdropped in subsequent seasons, so continue interacting with the EigenLayer ecosystem to be eligible for future airdrops.
  16. For more details about the airdrop, read this article.
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Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview