• 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

Sky Protocol's Buyback Program Reduces Circulating Supply

chest

Sky Protocol's recent buyback operation has successfully removed approximately 3157 million SKY tokens from circulation, demonstrating a commitment to the tokenomics model.

user avatarAisha Farooq

Sky Protocol Executes $19M SKY Token Buyback

chest

Sky Protocol has executed a substantial buyback of 3157 million SKY tokens, deploying $19 million from its treasury to reinforce token value and align with holder interests.

user avatarTenzin Dorje

Coinsph Launches Educational Campaign for Filipinos

chest

Coinsph has launched an educational campaign to help Filipinos reduce remittance costs, focusing on Overseas Filipino Workers, set to begin from late 2025 to mid-2026.

user avatarBayarjavkhlan Ganbaatar

Cryptocurrency Market Movements on January 20, 2025

chest

On January 20, 2025, the cryptocurrency market experienced mixed movements with major digital assets showing both gains and losses.

user avatarMohamed Farouk

FG Nexus Executes Significant Ethereum Sale

chest

FG Nexus has sold 2,500 Ethereum for approximately $804 million, adjusting its portfolio strategy.

user avatarElias Mukuru

Coinone Issues Warning for MILK Token

chest

Coinone has issued a formal investment caution for the MILK token, citing concerns over its business viability and lack of transparency.

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.