Eigenpie, the Ethereum liquidity re-staking protocol, posted on the X platform that the EGP token IDO is scheduled to start at 1:00 PM UTC on September 20 and end at 1:00 PM on September 24. The IDO will be held on the Magpie Launchpad through Arbitrum, and snapshots will be taken between September 18 and 20 to determine the IDO quota allocation for vlMGP holders, MGP, and vlMGP burners.
In addition, the IDO will include 2 rounds with a total of 3.6 million tokens, of which the private placement round (3 million FDV) will last for 24 hours, 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. #DYOR42711
