EigenLayer is the first restaking protocol on Ethereum, helping reuse ETH and improve security for other applications.

💰 Funding rounds:

- February 3, 2023: EigenLayer scooped up $50 million, raising total capital to $64.4 million.

- 04/06/2023: Launch testnet to test super cool features.

- 05/01/2023: Preparing to launch mainnet, making the crypto community restless!

👀 Major investors: Coinbase Ventures, Polychain and Blockchain Capital.

💥 Airdrop drama: EigenLayer introduced the EIGEN token and airdrop plan in May 2024, but caused controversy due to lack of information about tokenomics.

- Total supply 1.67 billion EIGEN, but only 5% for Season 1.

- Airdrop allocation is too complicated: Phase 1 (4.54%) and Phase 2 (0.46%) make airdrop brothers a bit confused. 😵‍💫

⚠️ In addition, EIGEN tokens will not be transferable immediately after receiving, like a "points" system that cannot be sold.

🌍 Besides, some countries like the US, Canada, and some Asian and African countries are blocked from airdrop.

🎯 EIGEN Tokenomics:

- Total supply: 1.67 billion $EIGEN

Allocation:

- 29.5% for investors (1 year vest, gradually unlocked in the next 2 years)

- 25.5% for development team (similar to vesting above)

- 15% for airdrops (Season 1 takes 5%)

- 15% for community and ecosystem development

- 10% cho stakedrop