{"id":78591,"date":"2024-05-11T14:24:52","date_gmt":"2024-05-11T18:24:52","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=78591"},"modified":"2024-05-11T14:26:40","modified_gmt":"2024-05-11T18:26:40","slug":"eigenlayer-launches-phase-1-claims-for-eigen-airdrop","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/eigenlayer-launches-phase-1-claims-for-eigen-airdrop\/","title":{"rendered":"Eigenlayer Launches Phase 1 Claims for EIGEN Airdrop"},"content":{"rendered":"\n

EigenLayer's native token <\/a>is now available for claim, although the developer has stated that EIGEN will not be transferable.\u00a0
<\/p>\n\n\n\n

\"Eigenlayer
Eigenlayer Launches Phase 1 Claims for EIGEN Airdrop<\/figcaption><\/figure>\n\n\n\n

The 120-day period to claim EIGEN opened on May 10 and will run until September for EigenLayer's phase one “stakedrop.” During phase one, participants will be able to obtain 6.05% of the token's 1.67 billion supply; in phase two, the amount of tokens available will increase by 0.7%. <\/p>\n\n\n\n

For qualifying customers who have been staking Ether (ETH) on the platform for months, EigenLayer intends to distribute 113 billion EIGEN tokens.\u00a0The Eigen Foundation states that users will receive 15% of EIGEN's total supply, with the proportion being distributed across several seasons.<\/p>\n\n\n\n

The inability of claimants to transfer EIGEN across wallets and the geo-blocked access to the airdrop in some areas of the world caused a controversy within the cryptocurrency community<\/a> regarding the plan. <\/p>\n\n\n\n

The claims website is unavailable to users in the United States, Canada<\/a>, and some regions of Africa and Asia. Normally, a VPN would get over this prohibition, but VPN users were also prohibited, casting even more doubt on the EigenLayer protocol.\u00a0<\/p>\n\n\n\n

In the second quarter of 2024, the cryptocurrency ecosystem is being shaken by several token distributions, including the controversial EigenLayer airdrop. For its “report-to-earn” program and anti-Sybil systems, LayerZero also faced criticism. <\/p>\n\n\n\n

Experts disagree about the EIGEN token's potential and the extent to which the massive retaker has improved Ethereum's ecosystem\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>. Galaxy researcher Christine Kim questioned issues the team found and remarked on X that the protocol's whitepaper left much to be desired.
<\/p>\n\n\n\n

\n

after reading the EIGEN whitepaper one might be compelled to ask if an "intersubjective work token" is really *necessary* for a restaking protocol that has yet to enable the most basic qualities of restaking.

to be clear everything that this whitepaper says eigenlayer does for\u2026 pic.twitter.com\/0Z8hILOrnI<\/use><\/svg><\/span><\/a><\/p>— Christine D. Kim (@christine_dkim) April 30, 2024<\/use><\/svg><\/span><\/a><\/blockquote>

EigenLayer’s native token is now available for claim, although the developer has stated that EIGEN will not be transferable.\u00a0 The 120-day period to claim EIGEN opened on May 10 and will run until September for EigenLayer’s phase one “stakedrop.” During phase one, participants will be able to obtain 6.05% of the token’s 1.67 billion supply; […]<\/p>\n","protected":false},"author":43,"featured_media":78593,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[19515,18341],"class_list":["post-78591","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-eigen-airdrop","tag-eigenlayer"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/05\/croc_1715419715275.jpeg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/78591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=78591"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/78591\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/78593"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=78591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=78591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=78591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}