• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

EigenLayer Refutes Claims of Improper Influence on Token Distribution

user avatar

by Giorgi Kostiuk

2 years ago


  1. Accusations Against Eigen Labs Employees
  2. EigenLayer's Response to Accusations
  3. Measures to Prevent Conflicts of Interest

  4. EigenLayer has responded to recent accusations regarding improper influence on cryptocurrency airdrops by its employees.

    Accusations Against Eigen Labs Employees

    The controversy arose from a CoinDesk report claiming that Eigen Labs employees received airdropped tokens from projects within the EigenLayer ecosystem. It was alleged that the company shared wallet addresses of its employees with several such projects, potentially creating a conflict of interest. The total value of airdrops amounted to around $5 million.

    EigenLayer's Response to Accusations

    EigenLayer swiftly responded by debunking claims of bribery or any wrongdoing. The project stated there was no evidence to suggest employees pressured teams for unfair advantages. The company clarified that listing employee wallets was part of token bonus distributions in recognition of their contributions to token listings.

    Measures to Prevent Conflicts of Interest

    To prevent potential conflicts of interest, EigenLayer has banned its employees from participating in airdrops. The project is known for its innovative approach to securing Ethereum’s validator network through restaking. Since its launch, the project has attracted over $100 million in venture capital and achieved over $10 billion in TVL within one year.

    Thus, EigenLayer has categorically denied all accusations and implemented measures to prevent such situations in the future.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Senator Blumenthal Initiates Investigation into Binance's Sanctions Violations

chest

Senator Richard Blumenthal has initiated a formal investigation into Binance's potential violations of US and international sanctions.

user avatarKenji Takahashi

Senate Democrats Call for Investigation into Binance Amid Allegations

chest

Eleven Senate Democrats, led by Elizabeth Warren, are urging an investigation into Binance's operations due to allegations of facilitating illicit finance activities.

user avatarMaria Fernandez

Tether Freezes $42 Billion in USDT Linked to Illicit Activity

chest

Tether has frozen approximately $42 billion worth of USDT tokens due to suspected illicit activities, highlighting the need for blockchain transparency and cooperation with law enforcement.

user avatarGustavo Mendoza

Tether Collaborates with Authorities to Combat Financial Crimes

chest

Tether has engaged in multiple enforcement actions with various authorities to address financial crimes involving USDT.

user avatarRajesh Kumar

Matt Corallo Highlights Bitcoin's Commitment to Post-Quantum Cryptography

chest

Matt Corallo highlights Bitcoin's commitment to post-quantum cryptography, addressing misconceptions and showcasing ongoing research and proposals.

user avatarMiguel Rodriguez

Trump Media Plans to Spin Off Truth Social into Separate Entity

chest

Trump Media and Technology Group plans to spin off its social media platform Truth Social into a separate public entity called SpinCo, merging with Texas Ventures III.

user avatarArif Mukhtar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.