- Overview of the Second Stakedrop Season
- Essential Tokenomics of EigenLayer
- Impact on TVL and Required Actions for Participants
EigenLayer's second stakedrop season involves the distribution of 86 million EIGEN tokens among various ecosystem participants. The distribution is set to begin on September 17, 2024.
Overview of the Second Stakedrop Season
The second season of EigenLayer’s stakedrop will start on September 17, 2024, covering participants active from March 15 to August 15. The first wave of token distribution and the introduction of the protocol’s native token were announced in April. A total of 86 million EIGEN tokens will be distributed during this second season.
Essential Tokenomics of EigenLayer
Out of a total supply of 1.67 billion tokens, 86 million will be distributed in the second season, accounting for about 5% of the total. Approximately 70 million tokens are allocated to active participants and operators, based on their pro-rata share of staked ETH.
Impact on TVL and Required Actions for Participants
Participants must confirm their social identities through the Eigen Foundation's verification portal by September 11 to collect their tokens. It is worth noting that due to net withdrawals in recent months, EigenLayer's total value locked (TVL) has decreased from a high of $20.1 billion in June to $11.68 billion.
The second season of EigenLayer's stakedrop offers unique opportunities for participants and ecosystem partners. The distribution of tokens among active users and partners not only supports the protocol's growth but also strengthens its ecosystem.
Comments