Eigen Foundation calms public outrage: Provides additional airdrop of token EIGEN and clarifies lock-up period

This site (120btC.coM): After the Eigen Foundation’s airdrop plan for EigenLayer users was announced a few days ago, it caused a lot of dissatisfaction in the community. The Eigen Foundation announced today that it will provide users with additional EIGEN quotas and update important information about the program schedule and mechanism.

Increase quota: all users will receive 100EIGEN before April 29

Eigen Foundation has decided to reward more than 280,000 users who interacted with EigenLayer before April 29th with an additional 100EIGEN for each user. Since the initial snapshot only lasted until 3/15, users who joined later after staking was opened were dissatisfied.

This additional quota will be seen in applications after May 10. Users of the first season will now receive at least 110EIGEN, while supporters of the second season who were active from March 15 to April 29 will also receive at least 100EIGEN.

Clarification on locking period, timetable and testnet quota

• Clear locking period: to 9/30

The Eigen Foundation stated that the lock-in countdown for investors and teams will begin after EIGEN is transferable to the community. After this initial period, tokens will unlock at a rate of 4% per month and fully unlock within three years of being transferable. This structure ensures that protocol users have significant control before any core contributors.

• Timetable for feature launch

The Eigen Foundation plans to launch key features on the mainnet before September 30, 2024. These enhancements are designed to further decentralize the platform and introduce permissionless functionality, give the community voting rights and enable token transfers.

• Address the concerns of testnet users

Eigen Foundation admitted that it had previously ignored the quota of testnet users in applying for qualifications, and promised Adjustments will be made during the second phase of the first season.

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