EigenLayer Airdrop
EigenLayer is a decentralized protocol that introduces Ethereum restaking. Users can earn additional yield by reusing staked or liquid-staked ETH on EigenLayer. The protocol is backed by $165+ million funding from Coinbase, a16z crypto, and others and has a total value locked (TVL) of $15 billion. EigenLayer has confirmed the launch of the $EIGEN token and an airdrop (called EIGEN Stakedrop). Users who have farmed Reskated Points until now can check their eligibility on the official page from EigenFoundation.
EigenLayer proposes that by restaking, users enhance the cryptoeconomic security of Ethereum’s network. Some prominent DeFi figures have critiqued this novel concept. Yet the protocol has attracted dozens of use cases of partners willing to provide their liquid staking tokens (LSTs) to EigenLayer in return for Restaked Points (a contribution metric for EigenLayer usage and a probable determining factor for the airdrop).
EigenLayer has just recently released their tokenomics which confirms a 15% allocation for airdrops, split into several seasons, with the first receiving 5%. Airdrop farmers can use the Restaked Points formula to track their progress while farming larger eligibility. Two important updates from the $EIGEN airdrops are the strict geo-location restrictions and the non-transferability of the token.