EigenLayer will launch its native token in May, and stakers will receive a 15% airdrop

PANews reported on April 30th that, according to The Block, the liquidity re-pledging protocol EigenLayer will launch its native token in May and has announced a token airdrop plan. The Eigen Foundation will be the entity issuing the tokens. The total supply of EigenLayer tokens is 1.67 billion, of which 45% of the tokens will be distributed to its community, including pledge airdrops (15%), community plans (15%) and ecosystem development (15%). In addition, 29.5% of the tokens will be allocated to investors while early contributors will receive 25.5% of the tokens. Tokens received by investors and early contributors will be locked up for three years in total; completely locked in the first year then gradually released at a rate of 4% per month over subsequent two years. Today, EigenLayer also released a white paper describing the structure of Eigen tokens and how they fit into the Eigen ecosystem.