Eigen Foundation Begins Phase 2 of Its EIGEN Token Airdrop, Distributes 113 Million Tokens

This phase is the final piece of Season 1 on the foundation's roadmap.

The Eigen Foundation has officially kicked off the second and final phase of its EIGEN token airdrop, which is part of Season 1 on the foundation’s roadmap.

In this Phase 2, participants will finally be able to claim their share of the EIGEN tokens being given away. When combined with Phase 1, it will bring the total EIGEN token distribution for Season 1 to around 113 million tokens, which is 6.7% of the total tokens set aside for stake drop allocation.

2/ A huge participation in Phase 1 with over 88% of tokens shaked, showing dedication to EigenLayer's mission. To encourage participation in Phase 2, 10M EIGEN are allocated for promotions. Claim within the first 24 hours to get a 2.5x boost! (Season 2 is coming)https://t.co/ZjZJPW9JR4

Moreover, the foundation has also allocated 10 million EIGEN for promotions to encourage participation in Phase 2. Notably, the first participants to claim tokens within the first 24 hours will get a 2.5-times boost to their token amount.

The EIGEN token powers EigenLayer’s “Actively Validated Services” (AVS) for secure apps around data, AI, and decentralized storage. So, with people staking EIGEN tokens, it helps develop the reliability of these services.

Additionally, the “intersubjective forking” system with EIGEN increases security by letting honest parties agree on fixing any issues together. As the foundation keeps improving the token’s design, it sets the stage for increasingly robust and diverse digital systems.