Opinions on the EIGEN Stakedrop have sparked discussions on Crypto Twitter, with excitement and caution prevailing. Despite initial complaints about high gas fees and token distribution, the Eigen Foundation has responded positively to community feedback.

šŸŽ‰ Good News:

- Eigen Foundation giving away an additional 100 EIGEN tokens to over 280,000 users who interacted with EigenLayer before April 29th.

- Tokens reflected in allocations claimed after May 10th, with measures to filter out possible Sybil accounts.

šŸ”„ Adjustments:

- Foundation accelerating plans for broader token distribution, aligning with community demands.

- Clarifications provided on Timeline, Lockup Countdown, and Testnet user allocations to address community concerns.

šŸ“† Timeline Clarification:

- EIGEN unlockable after new features go live, set for September 30th, 2024.

šŸ”’ Lockup Countdown:

- Funds, including team funds, locked up for one year after EIGEN becomes transferable. Team unlock at 4% per month, fully unlocked in three years.

šŸ›  Testnet Users:

- Complaints addressed regarding incorrect removal from eligibility list, updates to be provided soon.

Eigen Foundation's responsiveness and clarifications demonstrate commitment to community engagement and transparency in navigating the EIGEN Stakedrop process.

#altcoins #EigenLayer #eigen