Eigen Foundation is making waves by allocating 1% of its EIGEN token supply to the Protocol Guild, a key group maintaining Ethereum's layer-1 blockchain. This move aims to bolster the Guild's efforts, which involve 180 members from 29 teams. EigenLayer, a restaking protocol on Ethereum, allows assets like Staked Ether to be staked multiple times, offering new yield opportunities and enhancing Ethereum's security. With $18.2 billion in total value locked, EigenLayer dominates the restaking scene. Despite its popularity, EIGEN has slipped to 108th in market cap rankings.