The EigenLayer project announced the economic model of its native token EIGEN and its staking airdrop program called “Stakedrop” at the end of April. However, shortly after the community raised criticisms about the controversial airdrop rules, the independent nonprofit organization Eigen Foundation released an update on Thursday (2nd) for the Stakedrop, announcing an additional airdrop of 100 EIGEN tokens to over 280,000 wallet holders.
The Eigen Foundation stated that all users who interacted with EigenLayer before April 29th will receive an additional 100 EIGEN tokens. The organization further explained that claimants of the first season airdrop will receive at least 110 EIGEN tokens (10 EIGEN as the minimum plus an additional 100 EIGEN), while claimants of the second season, who started staking between March 15th (snapshot day) and April 29th, will also receive at least 100 EIGEN tokens.
Eligible participants for the re-staking are expected to be able to claim their token airdrop starting from May 10th. Prior to the announcement on Thursday, the EIGEN airdrop program faced criticism from many users, including a provision that prevented token claimants from redeeming their airdrop allocation within a fixed period.
EigenLayer also clarified in the latest announcement that tokens held by investors and the team will remain fully locked up for one year after the transferability of EIGEN begins. According to the announcement, the tokens will be unlocked at some point after September 30th, 2024, when EigenLayer’s mainnet will introduce new features.
The developers behind EigenLayer also acknowledged that they were aware that some testnet users were excluded from eligibility and stated that the missed testnet user allocations will be updated as part of the second phase of the first season airdrop.
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