EigenLayer Introduces EIGEN Token Airdrop, Tokens Are Nontransferable Currently

in hive-175254 •  6 months ago  (edited)

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EigenLayer, which is a restaking protocol on Ethereum, has recently started the process of its token claim. This process of claiming tokens is mostly called airdrop. EigenLayer is beginning its rewards for Phase 1 of Season 1.

There was an announcement by the team of developers of EigenLayer, suggesting that customers who are qualified to claim the Eigen tokens, may do so by participating in the process of token claiming for a couple of weeks.

But, it's paramount to know that, presently the Eigen tokens that are claimed, cannot be transferred; and customers are presently unable to sell it. However, in a few months, the developers will add new features, and then; customers will be able to transfer or sell their Eigen token.

The planned date for these added features to be fully implemented is the 30th of September 2024. The claiming of tokens will end on the 7th of September 2024; meaning that customers have to process their token claims before that date.

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The token is really gaining massive wave and that is really great to actually see