$EIGEN Token Drop - The TLDR

The rundown of the EIGEN token distribution, its features, and EigenLayer itself.

Nattynatman

Posted on May 1, 2024

Eigenlayer hit a peak of $16b+ TVL, and is currently (at the time of writing) sitting at just under $15b.

https://defillama.com/protocol/eigenlayer#information
https://defillama.com/protocol/eigenlayer#information

With the $EIGEN token claim happening on May 10th, and the perceived unfair distribution of the ‘stakedrop’, recent announcements of tokenomics have sparked some controversy.

Nevertheless, it seems that the EIGEN token will play a major role in the Eigenlayer ecosystem.

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Nattynatman

@nattynatman

Pluid Content. Writing on web3 happenings, mostly NFTs and gaming.