ChainCatcher message, according to the official announcement, the Eigen Foundation has granted 1 million EIGEN tokens to AltLayer. AltLayer stated that the tokens will be used directly to give back to the community, with the first batch of 500,000 EIGEN tokens starting to be distributed to reALT holders and stakers this week.

The remaining 500,000 EIGEN tokens will be distributed when the V2 reward mechanism of Eigen Layer launches on its mainnet in 2025.