In response to extensive community feedback, EigenLayer, a leading Ethereum restaking protocol, has enhanced its EIGEN token airdrop. The protocol will now award an extra 100 EIGEN tokens to each of over 280,000 eligible wallets. This strategic decision aims to boost user satisfaction and showcase the foundation’s commitment to heeding community input.
Last week, the initial announcement of the airdrop met with strong criticism from the community. Many users felt the allocation method unfairly favored investors and early contributors, sidelining average participants. In reaction, the Eigen Foundation swiftly revised their distribution strategy to ensure a more inclusive approach.
Updated Airdrop Details
The updated airdrop now includes additional rewards for users active before the April 29 cutoff. The distribution will commence post-May 10. The updated strategy covers participants from both Season 1 and Season 2 of EigenLayer’s initiatives. Participants from Season 1 will now receive a minimum of 110 EIGEN tokens, incorporating the original 10 plus an extra 100 tokens. Likewise, those engaging in staking activities from March 15 to April 29 during Season 2 are guaranteed at least 100 EIGEN tokens.
Only those who joined before the April 29 deadline will qualify for this round of distribution. The Eigen Foundation has also addressed the vesting schedule for investor-held tokens, which will begin once the tokens are transferable, expected after September 30. This schedule aligns with the upcoming launch of new features on the EigenLayer mainnet.
Additionally, the foundation plans to rectify missed allocations for testnet participants with further details forthcoming. This approach not only rectifies initial oversights but also strengthens user engagement by ensuring a fair and equitable distribution process across the protocol’s various phases.