- Eigenlayer's $EIGEN token officially launched on major exchanges like Binance and Bitget, trading at $4.23 with a 13.26% price surge and $350 million market cap.
- The project distributed airdrops totaling 11.95% of initial supply across two seasons to stakers, operators, and community members as part of their reward strategy.
- Tron founder Justin Sun emerged as the largest airdrop recipient, collecting over $38.74 million from Ethereum ReStaking ecosystem projects including $5.37 million in $EIGEN tokens.
- Sun still has additional airdrops pending from protocols like Puffer, Zircult, Swell, and Kelp, indicating his extensive participation in the ReStaking ecosystem.
Date: Tue, Oct 01, 2024, 05:22 AM GMT
The crypto world is buzzing today as Eigenlayer’s much-anticipated token, $EIGEN, was officially listed on top exchanges like Binance and Bitget. At the time of writing, $EIGEN is trading at $4.23, reflecting a solid 13.26% price surge and a market cap of $350 million.
Along with the listing, Eigenlayer distributed its $EIGEN airdrop to stakers, operators, ecosystem partners, and the community for their contributions. This is part of their ongoing reward distribution strategy aimed at strengthening the ecosystem.
Breakdown of the Airdrop:
- Season 1 Stakedrop:
- Snapshot Date: March 15, 2024
- Allocation: 6.75% of the initial $EIGEN supply
- Season 2 Stakedrop:
- Snapshot Date: August 15, 2024
- Allocation: 87 million $EIGEN tokens (5.2% of the initial supply), with another 3% reserved for future community rewards.
Justin Sun’s Massive Haul
According to analysis by ai_9684xtpa on X (formerly Twitter), the largest individual recipient of the $EIGEN airdrop is none other than Tron founder, Justin Sun. Sun has reportedly accumulated over $38.74 million in airdrops from projects within the Ethereum ReStaking ecosystem.
- From the $EIGEN airdrop alone, Sun has pocketed around $5.37 million, equivalent to $21.49 million in USD.
- Additionally, he has received around $3.45 million worth of ETHFI tokens, equating to about $17.25 million in USD.
But Sun’s airdrop winnings don’t stop there—he’s still awaiting further payouts from protocols like Puffer, Zircult, Swell, and Kelp.
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