• 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

a year 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

Wave 4 Triangle Structure Observed in FET

chest

Wave 4 Triangle Structure Observed in FET

user avatarDiego Alvarez

FET Remains in Wave 4 Corrective Structure

chest

FET continues to exhibit overlapping price action, indicating a consolidation phase rather than a bullish trend.

user avatarElias Mukuru

Experts Anticipate Major Changes in Ethereum's Financial Landscape

chest

Experts predict significant shifts in Ethereum's usability due to recent advancements in Account Abstraction, potentially increasing DeFi adoption across financial sectors.

user avatarRajesh Kumar

Huobi Growth Academy Highlights Account Abstraction's Role in Ethereum Upgrades

chest

The Huobi Growth Academy has released a comprehensive report on Account Abstraction, emphasizing its crucial role in enhancing Ethereum's account model and user experience globally.

user avatarMaria Fernandez

Ethereum's Account Abstraction Upgrade Aims to Simplify User Experience

chest

Ethereum's generational upgrade, known as Account Abstraction, aims to simplify user interactions by providing gasless experiences and seamless cross-chain transactions.

user avatarGustavo Mendoza

Singapore Gulf Bank Launches Zero-Fee Stablecoin Service at Solana Breakpoint 2025

chest

Singapore Gulf Bank launches a zero-fee stablecoin minting and redemption service at Solana Breakpoint 2025 to enhance cross-border payments and corporate treasury management.

user avatarKenji Takahashi

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.