AltLayer receives a grant of 1 million EIGEN tokens, all of which will be given back to the community

PANews reported on December 20 that, according to an official announcement from AltLayer, the Eigen Foundation has provided a grant of 1 million EIGEN tokens in recognition of its contribution to the EigenLayer ecosystem. AltLayer announced that all tokens will be used to give back to the community:

• The first batch of 500,000 EIGEN tokens: will be distributed to reALT holders and stakers starting this week, with the snapshot period from May 9, 2024, to December 12, 2024.

• Remaining 500,000 EIGEN tokens: will be distributed after the official launch of Eigen Layer's V2 reward mechanism in 2025.

Users can claim through the official website stake.altlayer.io, with the claiming period from December 20, 2024, 11:00 AM Beijing time to February 20, 2025, 11:00 AM.