$EIGEN Token Announcement With Sreeram Kannan and Robert Drost

Eigenlayer token details are here! Don’t call it an Airdrop - This is a Stakedrop — because that’s the only thing you can do with your EIGEN tokens out of the gate. 

15% of the total Supply of Eigen distributed over multiple Seasons, Season 1 starts today with 5% of the supply, and one of the most sophisticated set of smart contracts on Mainnet. EIGEN is not your typical ERC20 token. It’s got this feature called “Intersubjective Forking” that increases the scope of what Eigenlayer can provide security for. 

In addition to the token details getting released, we’re also getting the Eigen Foundation, with a new director Robert Drost - who joins Sreeram today to walk us through everything you need to know.

Foundation Page:
https://eigenfoundation.org/ 

Claims Page:
https://claims.eigenfoundation.org/ 
------
🏹 USE PODCAST24 FOR 10% OFF 
https://bankless.cc/Citizen2024 
------
🎧 Listen On Your Favorite Podcast Player: 
https://bankless.cc/Podcast 
------
BANKLESS SPONSOR TOOLS:

🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2    ⁠ 

🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo   

⚖️ARBITRUM | SCALING ETHEREUM
⁠https://bankless.cc/Arbitrum 

🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 

🔐 SAFE | USE SAFE, GET REWARDED
https://bankless.cc/SafePass_pod 

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku   

🏙️ CONSENSUS | SAVE 20% WITH CODE BANKLESS
https://bankless.cc/4aykesD 

------
TIMESTAMPS
 00:00:00 Start
00:03:39 What is a Stakedrop?
00:08:51 Allocation Details
00:15:53 Phase 1 and Phase 2
00:19:38 Locked Token Utility
00:24:30 When Are Tokens Unlocked?
00:31:04 Intersubjective Forking
00:36:30 Building WWIII Resistance
00:42:15 History Behind Their Decision
00:53:03 Eigenlayer Foundation
00:56:38 Future of Points
00:58:38 US Citizens Blocked
01:01:47 Token Allocation Thoughts
01:05:10 What's Next?

------
RESOURCES
Foundation Page:
https://eigenfoundation.org/ 

Claims Page:
https://claims.eigenfoundation.org/ 

------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠