TLDR Crypto · INNOVATION & LAUNCHES

EIGEN FOUNDATION ESTABLISHED - $EIGEN MAY 10TH AIRDROP

links.tldrnewsletter.com2 min read

Summary from the TLDR Crypto newsletter

The Eigen Foundation, an independent entity set up to grow the EigenLayer ecosystem, will distribute 5% of the supply to stakers in Season 1, with two more seasons distributing 5% each. Season 1 will have two phases – the first, out May 10th, is for general restakers, while the second is for complex LRT and DeFi participants. Upon claiming, the token cannot be transferred. No specific date has been announced for the transfer.