The details surrounding the long-awaited EigenLayer airdrop were revealed yesterday with much fanfare – but also with considerable criticism.
The plan outlined that 45% of the 1.67 billion token supply will be allocated to the community at launch, with a third of that coming in the form of an airdrop. That airdrop will be split into multiple seasons, with the first season – which will see 5% of the supply handed out – taking place in two parts, with a focus on rewarding those who have adhered to the protocol.
A number of concerns were highlighted, but the main one seems to be the lack of portability of the token when it first goes live. EigenLayer said that when the token is launched, it will be non-transferable for “months” to allow enough time for decentralization and to promote community consensus on the token’s usefulness and governance.
However, this raised concerns as it could have negative consequences for those receiving the airdrop. “The EigenLayer team and investors will get 55%, but stakers will only get 5% and even that will be non-transferable at first,” Posted a crypto trader known as CoinMamba on X.
It’s not surprising that this was such a controversial topic, as it was a major issue for the Starknet airdrop in February.
When the Starknet token went live for trading, it was initially expected that investors and core contributors would get their tokens unlocked just a few weeks later. This would happen because the token was technically made available for trading a year before it was made available for trading – silently rushing through investors’ fortress schemes even though the token wasn’t actually live. However, following his own response, investor unlocks were pushed back.
EigenLayer did not respond when asked whether investors’ token allocations would be awarded from the moment the token was created or when the community tokens became transferable.
Facing more heat
Another major criticism was that the airdrop not only blocked a long list of countries, including the United States and Canada, but also blocked VPN users. Although this was likely due to concerns about regulatory risks, some users complained that it was inconsistent that they were not excluded from using the platform, but were excluded from the airdrop.
Others criticized the size of the airdrop, as the majority of the tokens go to investors and early contributors – although this is quite common with airdrops these days. Some claimed that the whitepaper, which includes the “Universal Intersubjective Work Token” and concepts such as “intersubjective forkingas overly complex.
There was too confusion related to Pendle users’ eligibility for the airdrop. When the announcement was first made, crypto users believed that those who had participated in EigenLayer indirectly through Pendle would not be part of the airdrop. Stichting Eigen clarified that Pendle users would get a share of the 10% of the initial airdrop of 5% of the token supply. However, Pendle’s price, which had already fallen, failed to recover and is now down 16% since the airdrop was announced.
The impact on the future of the project
While many airdrops have received a lot of criticism, the response to EigenLayer’s token plan has had a major impact.
Over the past 24 hours there has been a major spike in the number of withdrawals from the platform. According to data from, more than 7,000 recordings have been started Dune Analytics. According to DefiLlama, this removed approximately 150,000 ETH ($457 million) from the platform.
On the other hand, with the total value of the project’s smart contracts at $15.6 billion, that hasn’t made much difference for now.
can i get clomiphene online buying clomiphene tablets can you buy cheap clomiphene without rx how can i get generic clomiphene pill where can i buy clomiphene price where buy cheap clomiphene tablets clomiphene for sale
Greetings! Very serviceable advice within this article! It’s the little changes which choice espy the largest changes. Thanks a lot quest of sharing!
With thanks. Loads of knowledge!
oral zithromax – buy tindamax 500mg sale metronidazole 200mg drug
buy semaglutide 14mg sale – semaglutide cheap purchase periactin generic
oral domperidone 10mg – cost cyclobenzaprine how to buy cyclobenzaprine
purchase amoxiclav generic – atbioinfo.com acillin us
buy esomeprazole generic – https://anexamate.com/ buy nexium without a prescription
order medex pill – coumamide buy hyzaar pill
mobic 7.5mg pills – mobo sin buy mobic 15mg online cheap
buy deltasone 40mg pill – https://apreplson.com/ buy deltasone 40mg generic
buy erectile dysfunction medicine – fastedtotake.com buy erectile dysfunction drugs
cheap amoxil online – https://combamoxi.com/ brand amoxil
More text pieces like this would insinuate the интернет better.
I’ll certainly bring to skim more.
order generic diflucan 100mg – forcan cheap fluconazole canada
cenforce cheap – buy cheap generic cenforce order cenforce 100mg without prescription
cialis package insert – https://ciltadgn.com/ vidalista tadalafil reviews
cialis manufacturer coupon free trial – what is the generic name for cialis buy voucher for cialis daily online
ranitidine drug – https://aranitidine.com/# buy cheap generic ranitidine
This is the amicable of content I get high on reading. fildena 100 profesional
Facts blog you possess here.. It’s obdurate to on elevated calibre script like yours these days. I justifiably respect individuals like you! Take guardianship!! neurontin 600mg without prescription
Thanks on putting this up. It’s well done. buy modafinil sale
More posts like this would force the blogosphere more useful. https://prohnrg.com/
This website really has all of the tidings and facts I needed adjacent to this case and didn’t know who to ask. aranitidine.com
This is the gentle of criticism I rightly appreciate. https://ondactone.com/product/domperidone/
More peace pieces like this would make the интернет better.
https://proisotrepl.com/product/domperidone/
This is a question which is virtually to my callousness… Diverse thanks! Unerringly where can I find the acquaintance details in the course of questions? https://sportavesti.ru/forums/users/ovoix-2/