Why Eigenlayer’s Airdrop Is Controversial

Why Eigenlayer’s Airdrop Is Controversial

However, many are annoyed with the project’s plan. Of particular concern is that the tokens will be initially non-transferable, essentially making the cash reward worthless. Additionally, 30% of the tokens will go to Eigen Labs investors, with another 25% earmarked for “early contributors.” While investors and early contributors also won’t be able to immediately sell their tokens, the vesting schedule starts when they receive the tokens — raising concerns a lot of tokens will be sold off once they become transferable.