Let's summarize the EigenLayer tokenomic
Max Supply: 1.67B tokens
Allocation:
🟩 45% to community, including
▶️ 15% for those who retake directly on EigenLayer and other defi like Pendle, this is divided into 2 Seasons
+ 5% (83.68M) for Season 1 (Phase 1: 75.91M, Phase 2: 7.77M)
+ 10% expected for Season 2
⛔I'm confused that this account is "non-transferable"
▶️ 15% for Community Initiative (I don't know what purpose it is used for, but it might be held by the team)
▶️ 15% for Ecosystem Development (also held by the team)
🟩29.5% for investors
🟩 25.5% for the team and early contributors
⛔ The total of these 2 amounts is locked for 1 year, vesting for 2 consecutive years, 4% per month (according to their blog)
Initial circulation is estimated at about 5% coming from Season 1.
Estimated list price is around $18 or even $30, at this time MC is from 1.5B - 2.5B. Timing listing (transferable) around October, right at the foot of the bull-run I mentioned in the previous article.
I set this price because EIGEN is the leader in the Restaking segment, and it is not surprising that this valuation is during this crazy bull season. 😱
