EigenLayer

Million

<a href="https://bitcoinworld.co.in/eigenlayer-announces-second-stakeholder-airdrop/" title="EigenLayer Announces Second Stakeholder Airdrop of 86M EIGEN Tokens" rel="noopener noreferrer nofollow"></a>
<a href="https://www.google.com/url?sa=t&amp;source=web&amp;rct=j&amp;opi=89978449&amp;url=https://www.eigenlayer.xyz/&amp;ved=2ahUKEwjlsJburauIAxVeS2wGHaFPGwMQFnoECAkQAQ&amp;usg=AOvVaw3Jd4Elczl3MRyVoS7SZyPy" rel="noopener noreferrer nofollow" target="_blank">EigenLayer</a> second stakeholder airdrop 86M EIGEN tokens is set to distribute rewards to its community, as the restaking protocol announces its latest airdrop initiative. The airdrop will distribute 86 million EIGEN tokens to a broad range of stakeholders, including stakers, node operators, ecosystem partners, and community members. According to The Block, claims for the airdrop will open on September 17, targeting participants who were active between March 15 and August 15.
<h3 id="airdrop-details">Airdrop Details</h3>
This is the second season of EigenLayer’s “stakedrop”, an incentive program aimed at rewarding the protocol’s most active participants:
<ul>
 <li>86 Million EIGEN Tokens: A total of 86 million tokens will be distributed to eligible participants, providing a significant incentive to those who have supported the protocol during its growth.</li>
 <li>Target Participants: The airdrop specifically targets users who were actively participating in the EigenLayer ecosystem from March 15 to August 15, rewarding them for their involvement during this period.</li>
 <li>Claiming Period: Stakeholders will be able to claim their tokens starting on September 17, further promoting community engagement and ecosystem loyalty.</li>
</ul>
<h3 id="response-to-declining-tvl">Response to Declining TVL</h3>
This airdrop comes after a notable drop in EigenLayer’s total value locked (TVL), which decreased from $20.1 billion in June to $11.5 billion recently. The decline has prompted the protocol to take measures aimed at re-engaging stakeholders and stabilizing its ecosystem:
<ul>
 <li>Incentivizing Engagement: By distributing tokens to its most active users, EigenLayer aims to reignite interest in restaking and ensure continued participation from its community members.</li>
 <li>Strengthening Community Ties: The airdrop also serves to solidify the relationship between the protocol and its community, ensuring that stakers, node operators, and ecosystem partners feel valued and incentivized to stay engaged.</li>
</ul>
<h3 id="conclusion">Conclusion</h3>
The EigenLayer second stakeholder airdrop 86M EIGEN tokens marks a key effort by the protocol to reward its active participants while addressing a recent decline in TVL. With the airdrop set to begin on September 17, stakers and ecosystem partners will have the opportunity to claim their rewards, encouraging further engagement with the platform. As EigenLayer continues to navigate market challenges, this initiative underscores its commitment to building a resilient and loyal community.
To learn more about the innovative startups shaping the future of the crypto industry, explore our article on<a href="https://bitcoinworld.co.in/category/news/latest-news/" rel="noopener noreferrer nofollow"> latest news</a>, where we delve into the most promising ventures and their potential to disrupt traditional industries.

EigenLayer Announces Second Stakeholder Airdrop of 86M EIGEN Tokens

Table of Contents

ItsBitcoinWorld

Other articles published on Sep 5, 2024

New Altcoin Viral for Dividing Profits Leading Bull Run as Ethereum and Chainlink Patrons Realloc...

ApeCoin Launches BluePrint Initiative to Enhance ApeChain with New Tools and Content

El Salvador Clarifies ID Rules for Purchases Under $25,000

Coinbase Adds IMX and FLOW for Futures Trading

Coinbase Custody: A Single Point of Failure for Crypto ETFs?

Analyst Says RCO Finance (RCOF) is Likely to Outperform the Binance Coin and Solana Price

Join our free newsletter for daily crypto updates!