EigenLayer, the Ethereum restaking protocol, has announced another airdrop of approximately 28 million of its native EIGEN tokens to over 280,000 wallets, shortly after its initial airdrop announcement.
Initially, EigenLayer declared it would allocate 15% of its total supply to the community. However, some users criticized certain aspects of the airdrop program, deeming them restrictive.
In response to feedback, the Eigen Foundation revealed that it would distribute additional EIGEN tokens to users who interacted with the protocol before April 29, including those who participated in the first airdrop.
According to a follow-up post, Season 1 claimants are guaranteed a minimum of 110 EIGEN tokens, while Season 2 claimants will receive a minimum of 100 EIGEN tokens. Despite the tokens not being on the market yet, EIGEN perpetual futures contracts are trading at $10, potentially valuing the latest airdrop at around $280 million.
Some users expressed dissatisfaction with EigenLayer’s initial airdrop, particularly regarding the nontransferable token structure, the relatively small community allocation, and restrictive measures such as geo-blocking. The protocol vowed to address these concerns and include more testnet users in future distributions.
EigenLayer clarified that token transferability will not be immediate after the distribution event on May 10. Instead, users will be prevented from transferring or selling tokens until certain protocol features are established. Additionally, private investors and team members will face a one-year lock-up period post-transferability, followed by gradual unlocking over three years to prioritize community interests.
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