45% of EigenLayer tokens will be allocated to the community, with the airdrop scheduled to go live on May 10
ChainCatcher news, according to The Block, the total supply of EigenLayer tokens at launch is 1.67 billion. The foundation has allocated 45% of the tokens to its community. This is further broken down into staking airdrop (15%), community programs (15%), and ecosystem development (15%). Additionally, 29.5% of the tokens have been allocated to investors, while early contributors will receive 25.5%. The total lock-up period for investors and early contributors is three years. The first year involves a complete lock-up, followed by a gradual release of their total holdings at a rate of 4% per month over the next two years.
EigenLayer refers to the community airdrop as "staking," and will distribute 15% of the token supply to those who stake using the platform. These tokens will be distributed across multiple seasons. In the first season, the foundation will distribute 5% of the token supply to users based on a snapshot of staking activity on March 15, 2024. In the first season distribution, 90% of the tokens will be claimable by eligible re-participants on May 10, with a claim period of 120 days, and the final 10% will be claimable in the second phase of the first season one month later.