According to Foresight News, Ethereum liquidity re-pledge protocol Eigenpie tweeted that the EGP token IDO is scheduled to start at 21:00 on September 20 and end at 21:00 on September 24, and will be held on Magpie Launchpad through Arbitrum. Snapshots will be taken between September 18 and 20 to determine the IDO quota allocation for vlMGP holders, MGP, and vlMGP destroyers.
In addition, the IDO will include 2 rounds with a total of 3.6 million tokens. The private round (3 million FDV) will last for 24 hours, with a single coin price of $0.30. 70.59% of the tokens will be allocated to Eigenpie point holders, 20.59% of the tokens will be allocated to vlMGP holders, and 8.82% of the tokens will be allocated to MGP/vlMGP destroyers. 6-month cliff, followed by a linear release over two years. The public round (starting with $6 million FDV) will last for 72 hours, with a single coin price of $0.60, and all will be unlocked at TGE.
