EigenLayer has released a whitepaper detailing the upcoming launch of its Eigen token, which will be airdropped to members of the community.

The airdrop will distribute 5% of the token supply in season 1, with additional airdrops planned for those who interacted with EigenLayer-related DeFi positions in season 2.

A total of 15% of the token supply will go to stakers over the long term, while another 15% will be allocated to community initiatives and ecosystem development.

Investors and early contributors will receive 29.5% and 25.5% of the token supply respectively, with a three-year lockup period in place.

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