Eigenpie will launch the EGP priority access program IDO, selling 3.4 million tokens at a $3 million FDV
ChainCatcher news, the liquidity re-staking platform Eigenpie announced on X that it will launch the EGP token Priority Access Program (IDO). Users participating in the Eigenpie Priority Access Program have the opportunity to obtain IDO quotas, which will be held on the Magpie Launchpad, with a total quota of 3.4 million tokens and an FDV of 3 million dollars. Additionally, holders of Eigenpie's first quarter points will receive 70.59% of the quotas, vlMGP holders will receive 20.59% of the quotas, and MGP and vlMGP burners will receive 8.82% of the quotas. 50% of the IDO proceeds will be used for initial EGP liquidity and CEX market making, 30% for development and operations, 10% for marketing and business development, and 10% for auditing.