Monday confirming plans for an EIGEN token, in what's likely to be one of the year's most highly anticipated reward giveaways for users of the Ethereum blockchain ecosystem.written by the Eigen Foundation, the non-profit supporting the protocol, there will be a total supply of about 1.67 billion EIGEN tokens, and 45% of those will go toward the EigenLayer community.
The project is led by Sreeram Kannan, who founded it in 2021 when he was an associate professor of electrical and computer engineering at the University of Washington.In Monday's post, Eigen Foundation wrote that the first"season" of the"stakedrop," as the team described the planned token release, some 5% of the token supply will be distributed to users based on their staking activities on March 15, at Ethereum block No. 19437000.
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