The $EIGEN token from EigenLayer is now listed on Binance, with new trading pairs like EIGEN/BTC and EIGEN/USDT being available since October 1, 2024.
The project offers a unique "restaking" protocol, enhancing Ethereumâs security by allowing users to reuse their staked ETH for multiple operations, which optimizes asset utilization and network security.
As for the EIGEN airdrop, it took place in May 2024, rewarding users who staked assets on EigenLayer and those holding liquid restaking tokens.
However, during the initial phase, the tokens were non-transferable, meaning users could only stake them and not trade or sell until the team decided otherwise.
This limited transferability led to some dissatisfaction in the community, as early stakers felt under-rewarded compared to larger investors.
To check airdrop eligibility, users could visit a dedicated page provided by EigenLayer. This airdrop was part of the platform's broader effort to distribute 15% of its total token supply
#EIGENonBinance #BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #NeiroOnBinance #CATIonBinance
