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 over multiple seasons. Season 1 Phase 1 and Phase 2 have already allocated 6.75% of the total supply. Here’s how the airdrop is structured:

  • Season 1 Phase 1: Users who restaked ETH or liquid staking tokens (LSTs) on EigenLayer by the snapshot date are eligible for this phase.
  • Season 1 Phase 2: DeFi users who interacted with protocols like Kelp, Pendle, and Equilibrium before March 15, 2024, are eligible.
  • A small EIGEN allocation has also been made for testnet users, although future testnets like Holesky will not offer token rewards.

The snapshot for Season 1 was taken on March 15, 2024, and the claim period for eligible users ends on September 17, 2024. Notably, users initially eligible for a minimum allocation of 10 EIGEN now receive an extra 100 tokens, bringing the total to 110 EIGEN.

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 17, 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 are 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. 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.
  15. For more details about the airdrop, read this article.

Season 2 Stakedrop – Now Live!

Eigen Foundation has launched Season 2, introducing new airdrop categories to reward key contributors across the ecosystem:

  • Stakers & Operators: 70 million EIGEN (4.2% FDV) is allocated to stakers and operators. Claims are based on a staker’s pro-rata share of ETH-hours. You can claim your tokens via the official claim page or through respective LRT (Liquid Restaking Token) projects.
    • Snapshot Date: August 15, 2024, 22:26:59 UTC
  • Ecosystem Partners: Up to 10 million EIGEN (0.6% FDV) is allocated for ecosystem partners.
  • Community Members: 6 million EIGEN (0.35% FDV) is reserved for community participants, including early advocates and contributors.

To claim the community allocation, users need to verify their social identity by September 11, 2024, via the official page. The claim window opens on September 16, 2024, and closes on March 16, 2025.

How to Claim: Step-by-Step Guide

  1. Visit the EigenLayer Airdrop Claim Page.
  2. Connect your Ethereum wallet.
  3. If eligible, claim your free EIGEN tokens based on the phase you fall under:
    • For Season 1, eligibility is determined by ETH restaking or interactions with certain DeFi protocols.
    • For Season 2, stakers, operators, ecosystem partners, and community members are rewarded.

Remember, the claimed tokens are non-transferable at the moment and will unlock only after further decentralization, expected by September 30, 2024.

Looking Ahead

EigenLayer’s total airdrop allocation is 15%, with 8.25% still set to be distributed in upcoming seasons. By interacting with EigenLayer’s ecosystem, you can ensure eligibility for future airdrop opportunities.

For the latest details, visit EigenLayer’s official announcements or follow them on social media.

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Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview