laitimes

The EIGEN tokenomics model was announced, and the first quarter of Stakedrop was launched

author:MarsBit

原文标题:Introducing the Eigen Foundation, EIGEN token, and Season 1 Stakedrop!

原文作者:Eigen Foundation

Original source: X

Compiler: Lynn, Mars Finance

原文标题:Getting Started with EIGEN

原文作者:Jack Inabinet

原文来源:Bankless

Compiler: Lynn, Mars Finance

原文标题:Mixed EIGEN Feelings

Original author: David C

原文来源:Bankless

Compiler: Lynn, Mars Finance

Official release

This blog post introduces the Eigen Foundation, the EIGEN Token, and the first season of "staking". Staking is an airdrop designed specifically for EIGEN staking. In the first season, EIGEN will initially be non-transferable, aiming to foster social consensus and resilience around its novel staking and forking features. The EIGEN token represents a new coordination mechanism that accelerates EigenLayer and Ethereum's shared mission to maximize open innovation.

Own

  • Enhanced Security Complements ETH Restaking: EIGEN's innovative design implements "inter-subject forks" to extend security and unlock new possibilities for active validation services ("AVS"). Learn more in the white paper:
  • Multi-quarter: 15% allotment, starting from the first quarter.
  • Build a strong foundation: The EIGEN token will have an initial non-transferable period. This leaves time for further product development and decentralization, as well as community feedback. It also gives the community time to reach a consensus on the novel EIGEN design during the "setup phase".
  • Staking Options: At launch, users will be able to stake EIGEN to secure EigenDA, with more AVS expected soon.

Season 1

  • 5% of the initial EIGEN supply is allocated to re-participants.
  • Snapshot date: March 15.
  • 90% of Season 1's content takes place in Phase 1 (now).
  • 10% of Season 1 occurs in Phase 2 (about 1 month).

How to get it

  • Re-stakers: Check the eligible EIGEN on the Claims.eigenfoundation.org
  • Availability: Opens May 10, 2024 and closes after 120 days.

Future airdrop season

  • The total allocation is 15% of the EIGEN supply.
  • Subsequent airdrop seasons will consider ecosystem participation before and after the March 15 snapshot.

The EIGEN statement has not yet taken effect. Be sure to exercise extreme caution when interacting with anyone who claims to know or access the EIGEN token. Official news will come directly and only from and.

The Eigen Foundation is an independent, shareholder-free entity dedicated to accelerating the growth of the EigenLayer ecosystem.

EigenLayer is the engine that maximizes open innovation. Its core invention, "restaking", enables staked ETH to be used as cryptoeconomic security for protocols other than Ethereum. This gives developers access to a huge programmable trustbase through Ethereum and creates a "shared secure share".

The core mission of the Eigen Foundation is to manage the development and adoption of these public resources. The Foundation will accomplish this by supporting research and development of the EigenLayer protocol, funding grant programs, providing third-party evaluations, and managing ongoing progress toward further decentralization.

Eigen 基金会很高兴根据 Eigen Labs 的研究推出 EIGEN 代币。

The EIGEN tokenomics model was announced, and the first quarter of Stakedrop was launched

EIGEN is designed with overarching principles in mind and aims to enhance the complementarity of the EigenLayer ecosystem to ETH restaking. ETH restaking provides a mechanism to penalize objectively attributable errors, extending Ethereum security to other protocols. The new EIGEN token introduces a complementary mechanism designed to specifically address "intersubject" failures – failures that cannot be resolved by ETH restaking alone. An inter-subject error is an instance of misconduct that cannot be objectively identified on-chain, but any two rational observers would agree that punishment is deserved.

EIGEN achieves this feature by providing a mechanism in which the token itself can be forked without forking the Ethereum mainnet consensus. If there is a perceived inter-subject error, a fork can be proposed, and the user chooses the version they think is valid. This process is known as intersubject forking and occurs entirely within the EigenLayer of the Ethereum blockchain, without relying on. In addition, the protocol provides a mechanism for applications and users to use tokens without having to track forks. The inter-subject fork is the key innovation behind the EIGEN token.

Inter-body bifurcation is designed to occur rarely. To create a fork, a challenger must submit a significant portion of the EIGEN tokens. If the fork is validated by social consensus, the EIGEN tokens belonging to the malicious actors will be penalized in the real fork, and the challengers will retract their commitments in the fork and receive challenger rewards. However, if the social consensus rejects the fork, the challenger's promise is burned. The system has a powerful deterrent effect on malicious behavior, as effective forks can cause significant financial losses to bad actors.

EIGEN can be staked on AVS to provide crypto-economic security for inter-subject failures, while ETH will continue to be staked to provide deep crypto-economic security for objective failures. This allows AVS to make a broader range of credible commitments than it is now, significantly expanding the possibilities of building content on EigenLayer. Use cases include transaction sequencing, databases, prediction markets, storage services, oracles, artificial intelligence, and more. This marks an important step towards maximizing open innovation.

For more information on EIGEN, read the Eigen Labs blog post and the full white paper.

OWN 质押

When EIGEN launches, users will be able to stake it in EigenLayer to secure EigenDA (ETH and EIGEN quorum will be used). Other AVSs may soon follow suit. Aligned with EigenLayer's mission to maximize open innovation, the protocol enables AVS to mix and match different staking models: ETH and EIGEN now, and rollup and AVS native tokens in the future.

Responsible rollout: non-transferability

In the initial phase, EIGEN tokens will be non-transferable and non-forkable. We believe this approach will best support the long-term growth and maturity of the EigenLayer ecosystem. Once this phase is completed, the full functionality of the token will be enabled, including forkability and transferability.

We value your trust in the Eigen Foundation and thank the community for their tremendous enthusiasm for EigenLayer and the EIGEN token. We want to repay this trust by being transparent about our goals, and we hope to achieve our pre-token transferability and forkable goals in the coming months:

  • Community discussions: Inter-subject bifurcation relies on social consensus – what is understood and accepted within the community. Prior to the token transfer, the Foundation seeks feedback and acceptance of EIGEN's novel design, parameters, and proposed implementation.
  • Payments and cuts: In-agreement payments and cuts to improve key features of sustainable markets.
  • Enhanced decentralization: Distribute 15% of the EIGEN supply to the community, as well as community participation in the upcoming protocol governance.

EIGEN Token Season 1 retroactively allocates 5% of the initial supply of EIGEN to re-participants, based on a snapshot taken on March 15, 2024 at Ethereum block #19437000.

Due to the complexity of the ecosystem built around EigenLayer, Season 1 unfolds in two phases:

  • In Phase 1 (P1), about 90% of Season 1 will be allocated to users who interact with the EigenLayer protocol in a simpler way. This includes both eligible re-stakers and eligible Liquid Re-Staking Token ("LRT") holders.
  • In Phase 2 (P2), the remaining 10% of Season 1 will be distributed to users who have complex interactions with the LRT, based on feedback from the appropriate ecosystem participants (see below for more information).

For P1, we will be launching an acquisition website in the coming days where you can check if you qualify for EIGEN allocations. The P1 claims window will open on May 10, 2024 and run for 120 days. At that time, any unclaimed tokens will be redistributed to future staking periods.

Note – If you use LRT but do not have a P1 assignment, you may be eligible for P2 (see more details below).

P1 Re-Staker Allocation Method

To determine allocation, the Eigen Foundation and the Partners considered a variety of criteria, including:

  • Loyalty: Re-participants who participate in the protocol, considering the amount, duration (length of time), advance (when they begin to re-engage), and loyalty (whether they maintain equity).
  • Direct native staking: To support network resilience and decentralization, native stakers are allocated more EIGEN.
  • Witch Resistance: EIGEN is assigned linearly for witch neutrality. However, in following this principle, we find that many retries do not receive a meaningful amount of EIGEN. So, as a token of appreciation to all early adopters, about 1% of the total allocation in the first quarter was dedicated to establishing a minimum floor of 10 EIGEN for retryers. There will not be such a minimum allocation in future airdrop seasons.
  • Centralized: Ensure that no LST, LRT, user, or entity receives more than 33% of the total allocation (see "").
  • 以社区为中心:Eigen Labs 和 Eigen Foundation 核心贡献者没有资格获得质押。

Upcoming P2 re-staker allocation methodology

10% of the first season could not be easily identified due to the complex interactions with the contract by eligible recipients, which made it challenging or opinionated to identify the appropriate end users. See for a list of these open contracts.

These interactions primarily involve LRT, so the Foundation is conducting a survey of the LRT team to better understand these interactions and determine a fair distribution of the remaining 10% of the first quarter for eligible users.

How the second phase will work

  • 一部分 EIGEN 代币已为某些 LRT 协议保留。
  • The LRT team will submit a list of addresses and the corresponding allocations that they believe will be the fairest way for EIGEN.
  • The Eigen Foundation will use these lists to prepare P2's claims.

P2 gains are expected to begin in about 1 month, with more details expected next week. Note that the liquidity restaking protocol is learning some aspects of Phase 2 at the same time. Give them a few days to use this information to analyze the open contracts. For more details, check out.

Important note

The Foundation believes that the creation and trading of derivatives based on non-transferable EIGEN will cause harm to the EigenLayer community. Do not engage in any such activity – doing so will affect your eligibility to participate in future staking periods.

Goerli 测试网修复者

Due to the closure of the Goerli testnet and the associated inconvenience to testnet participants, we have allocated a small amount of EIGEN tokens to some testnet users. Future testnets, including Holesky, will not include token allocations. The main goal of the EigenLayer testnet is to facilitate the testing and preparation of participation in the mainnet.

The total supply of EIGEN at launch is 1,673,646,668.28466 tokens. This number is the result of encoding the phrase "open innovation" onto a classic telephone keypad. The following percentages describe the retention uses of EIGEN:

  • Community: 45% plus all future inflation
  • Equity ratio: 15%
  • Future Community Initiatives: Inflation Plus 15% After Activation
  • R&D & Ecosystem Development: 15% is allocated by the Eigen Foundation for R&D, grants, operating expenses, and overall ecosystem growth
  • Investors: 29.5%
  • Early Contributors: 25.5%

Investors and early contributors have a total three-year lock-up period, with the first year fully locked and then linearly unlocking 4% of their total distribution every month for the next two years. See for more information.

Future inflation and release

EigenLayer, like Ethereum, will benefit from a dynamic token supply. While the initial release plan has not yet been finalized or implemented, in the initial years, it is expected that the token supply will be inflated and distributed through a protocol mechanism that will only benefit the EigenLayer community.

The release of EigenLayer can be very different from typical proof-of-stake emissions. Since EigenLayer is a diverse marketplace consisting of AVS, operators, ETH re-stakers, EIGEN stakers, developers, and community contributors, among others, emissions design will prioritize a balanced ecosystem. This will result in EIGEN emissions being more widely distributed across the EigenLayer ecosystem, unlike other proof-of-stake systems where rewards are primarily attributed to existing token holders.

See below for an example of a release timeline that assumes an annual inflation rate of +5% for future community equity declines, initiatives, and incentives.

The EIGEN tokenomics model was announced, and the first quarter of Stakedrop was launched
Unlimited and games

The pace of innovation in the EigenLayer ecosystem has never been faster – and with the launch of EIGEN, the scope of open innovation has expanded considerably. The spirit of Infinity and the game is that the future will prosper, and when there is a better coordination mechanism, the community will reap the benefits of super-cumulative. This is the spirit of the Eigen Foundation, and the spirit of EigenLayer!

  • EIGEN 摘要博客文章:blog.eigenlayer.xyz/eigen
  • OWN 白皮书:
  • Frequently Asked Questions:
  • Blog:
  • X:
  • Site:

Getting Started with EIGEN – How to Get Ready for This Highly Anticipated Staking Airdrop!

The most anticipated airdrop ever is (almost) here: EIGEN claims will open on May 10th!

EigenLayer's first "staking" will distribute 5% of the total supply of EIGEN to all re-stakers (no matter how small) who have deposited at least 10 EIGEN by the March 15 snapshot date.

While most of these tokens will be claimed next Friday, 10% of the distribution is reserved and reserved for users who have "complex interactions" with EigenLayer via Liquidity Recollateral Tokens (LRT). It will be distributed approximately a month after the protocol solicits further feedback from ecosystem participants regarding potential distributions.

Eligible recipients (i.e., anyone who participates directly through staking through EigenLayer or through liquidity re-staking tokens) can check their Phase 1, Quarter 1 allocations through EigenLayer within two weeks.

Unfortunately, EigenLayer prevents residents of countries, including the United States and Canada, from claiming this airdrop and restricts access via VPN and other IP proxy technologies, which means that if you are a citizen, you will have to arrange a trip abroad from one of those countries that wish to claim your airdrop allocation.

The remaining 10% of the total unallocated EIGEN supply from the first quarter will be distributed to users in subsequent allocations, taking into account not only future operations, but also the entire history of users' interactions with EigenLayer.

The EIGEN tokenomics model was announced, and the first quarter of Stakedrop was launched

From the Eigen Foundation

Re-staking that joins earlier, participates longer, and maintains their stake receives more allocations, as does local re-staking that helps support network resilience and decentralization, and future releases are likely to adopt a similar weighting system.

While a small amount of EIGEN allocations are reserved for Goerli testnet participants who are inconvenienced by the shutdown of on-chain EigenLayer deployments, the protocol indicates that Holesky testnet participants will not receive airdrops in future allocations.

Upon launch, the EIGEN token will be imbued with intrinsic utility, enabling recipients to stake their tokens to secure the EigenDA network. In addition, EIGEN staking has the potential to further integrate if other active verification services (AVS) choose to secure their networks with EIGEN and other tokens as eligible staking collateral.

At its core, the EIGEN token will be a governance mechanism that facilitates an "inter-subject fork" that allows token holders to challenge incorrect curtailment behavior that cannot be objectively identified on-chain, but a rational observer would agree to penalize it.

This process allows the EigenLayer application to fork itself at the token level, allowing for the transfer of control over the assets within the protocol's smart contract without involving Ethereum's social consensus.

The EIGEN tokenomics model was announced, and the first quarter of Stakedrop was launched

来自 EigenLayer

In order to create a fork in response to an inappropriate cut, the challenger must commit a "significant portion" of the EIGEN token as a bond; EigenLayer's social consensus will vote on whether the fork is legal or not.

If the proposed fork is validated, the challenger will reinstate their bonds and receive the challenger reward, while tokens belonging to voters who voted against the fork will be penalized. Alternatively, if the consensus votes against the fork, the challenger's tokens will be burned.

While EIGEN will be claimed next Friday with some form of utility and staking attached at launch, the token will be locked for an initial "non-transferable period" until the token fork is enabled, meaning recipients will not be able to sell their tokens indefinitely.

In addition, the Eigen Foundation claims that the creation or trading of EIGEN derivatives will cause harm to the community and warns that participation in such activities will affect eligibility for future EIGEN airdrop seasons.

At launch, EIGEN will supply 1,673,646,668.28466 tokens, a figure that was created by encoding the phrase "open innovation" onto a classic telephone keypad.

In addition to the 15% of the total supply earmarked for staking, 30% of the initial token supply is reserved to fund EigenLayer development and incorporated into community distribution, split 50/50 between the Eigen Foundation and direct community control.

Private investors in EigenLayer will receive 29.5% of the EIGEN supply, and the core team will receive the remaining 25.5%, both subject to a one-year lock-up, and then linearly unlocking 4% of the total distribution every month for the next two years.

In order to sustain ongoing deposits, EigenLayer anticipates the need to adopt inflationary tokenomics in the future, and control over these emissions will be given to the community, allowing them to decide how best to distribute these emissions across EigenLayer's diverse stakeholder groups.

The EIGEN tokenomics model was announced, and the first quarter of Stakedrop was launched

From EigenLayer

Mixed feelings – not everyone is happy with the new EIGEN token plan.

Hustle and discontent. In today's lackluster market, the launch of a new EIGEN token has undoubtedly caused an uproar, though not quite as many would have hoped.

As crypto Twitter digests the latest news, market sentiment seems to be very mixed and more inclined to the downside, while Ethereum's price does not appear to be affected by the day's developments.

At 1 p.m. ET, the EigenLayer team released the EIGEN whitepaper, which features a number of unique design features, such as a "working token model" and an "inter-subject fork." Many in the EigenLayer community were so impressed with the token's planned role in the protocol that they took to Twitter to congratulate the team and explain the nuances of EIGEN.

The EIGEN tokenomics model was announced, and the first quarter of Stakedrop was launched

However, not all feedback has been enthusiastic, and much of the grievance has to do with the token's initial non-transferability, its anti-VPN acquisition process, and the rewards allocated to the farming protocol or lack thereof.

DeFi protocols such as Pendle, known for driving EigenLayer's participation, found themselves excluded from the first round of airdrops. This decision has caused a lot of headlash online, as the farming opportunities offered by these protocols have brought a lot of deposits to EigenLayer.

The EIGEN tokenomics model was announced, and the first quarter of Stakedrop was launched

In addition, there have been many setbacks for venture-centric EIGEN allocations. With the immediate cash-out activation, quite a few regular EigenLayer users said they felt like they were losing out and that the protocol would eventually farm them, not vice versa.

The EIGEN tokenomics model was announced, and the first quarter of Stakedrop was launched

Overall, the plan for the first EIGEN launch, which took place on May 10, seems to have caused a lot of discontent in the field. However, given the cryptocurrency's attention, this sentiment can quickly shift when its price starts to rise or the token becomes transferable. That's it.

Meanwhile, the most noteworthy thing in today's announcement is the innovation around the design of the EIGEN token. !

Read on