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$EIGEN Token Announcement With Sreeram Kannan and Robert Drost
Apr 29, 2024
Eigen Technologies founders announce the EIGEN token, a stake drop model where users claim and stake tokens, featuring intersubjective forking for security. Introduction of Robert as the new director of Eigen Foundation. Discussing the technical aspects, numbers, restaking phases, community consensus, and navigating regulatory constraints in crypto networks.
01:11:55
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Quick takeaways
- Eigen token introduces unique features like Intersubjective Forking for network security.
- Eigenlayer's stake drop phases cater to diverse ecosystem activities for decentralized governance.
Deep dives
Overview of Season One of Eigenlayer Stake Drop
Season one of the Eigenlayer stake drop has begun, marking the launch of the first 5% of Eigen token supply for staking. The stake drop consists of two phases, with 90% distribution in phase one and 10% in phase two, catering to different activities on the Eigenlayer ecosystem. This phase signifies a pivotal moment in completing the Eigenlayer system.
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