Margaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
Monday confirming plans for an EIGEN token, in what's likely to be one of the year's most highly anticipated reward giveaways for users of the Ethereum blockchain ecosystem.written by the Eigen Foundation, the non-profit supporting the protocol, there will be a total supply of about 1.67 billion EIGEN tokens, and 45% of those will go toward the EigenLayer community.
The project is led by Sreeram Kannan, who founded it in 2021 when he was an associate professor of electrical and computer engineering at the University of Washington.In Monday's post, Eigen Foundation wrote that the first"season" of the"stakedrop," as the team described the planned token release, some 5% of the token supply will be distributed to users based on their staking activities on March 15, at Ethereum block No. 19437000.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EigenLayer Points Trading Kicks off on First CEX BIT ExchangeAhead of potential EigenLayer's token debut, DeFi enthusiasts are rushing toward first CEX-based points market for EigenLayer
Read more »
EigenLayer Token Airdrop Plan Will Allocate 15% Of Supply To StakersCrypto Blog
Read more »
EigenLayer reveals plan for token airdrop with 15% allocation to stakersThe project will allocate 15% of Eigen tokens linearly over multiple seasons to contributors in what's called a stakedrop.
Read more »
EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on EthereumJamie Crawley is a CoinDesk news reporter based in London.
Read more »
EigenLayer TVL crosses $15 billion despite potential yield crisisEigenLayer has locked $15.13 billion in crypto assets on its restaking platform since its launch on April 9, piling on assets from users even as the staking protocol has been criticized for growing faster than its ecosystem can secure.
Read more »