If you’ve been keeping up with blockchain news, you’ve probably heard of EigenLayer—and if not, don’t worry, we’ll catch you up. EigenLayer has become a big deal for developers and users alike, and they’re rolling out Stakedrop Season 2, giving everyone another chance to grab EIGEN tokens before they hit the market. Missed the first round? No problem—this one’s even bigger and could be your last chance to get in early.

Key Takeaways

1. Stakedrop Season 2 Is Here: The second and final major airdrop starts on September 17, with tokens becoming tradable on September 30.
2. Large Rewards Pool: 86 million EIGEN tokens, or 5% of the total supply, are being distributed to stakers, operators, ecosystem partners, and active community members.
3. Final Airdrop Opportunity: After this season, no more large airdrops are planned, so this is the last chance to claim a substantial amount of EIGEN tokens.

Register now! Secure your spot to enjoy up to 100% cashback! Invite new users to reserve and share a $10,000 USDT prize pool!

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What Is EigenLayer? A Quick Reminder

Before we jump into the airdrop details, here’s a brief reminder of what EigenLayer is all about. 

EigenLayer is a restaking protocol built on Ethereum, offering developers a toolkit to design custom rules and penalties for their projects. With EigenLayer, developers can restake their ETH or the platform’s native token, EIGEN, to secure other protocols they build, giving them more flexibility than the standard Ethereum framework allows. It’s not just about creating a token for trading—EigenLayer is about empowering builders and creating decentralized applications with more control.

Now that we’ve got that refresher, let’s talk about the EigenLayer Airdrop: Season 2.

Stakedrop Season 2

Stakedrop Season 2 is the second phase of EigenLayer’s EIGEN token airdrop, aimed at rewarding users and partners who have supported the platform. Following the successful first phase, this season brings even more rewards to the community. The best part? It’s not just for developers or node operators—community members and ecosystem partners are getting a share of the tokens too!

The airdrop portal will be available starting September 17, 2024, allowing eligible users to claim their rewards. By September 30, the EIGEN tokens will become transferable and tradable, meaning you can move them, sell them, or use them within the EigenLayer ecosystem.

Read more: EigenLayer: Unlocking Ethereum’s Potential with Restaking and Enhanced Security

Attention all $DOGS holders! New Launchpool is live on Bitrue. Stake $DOGS to share 50,000 $HMSTR prize pool!

How can I participate in Launchpool to earn tokens?

After completing the KYC verification, as long as your spot account has designated tokens and the balance reaches the minimum staking limited amount, you can participate, and you can redeem it at any time;

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Who Can Claim the Airdrop?

This time around, EigenLayer is distributing 86 million EIGEN tokens, which is 5% of the total supply, across three key groups:

Stakers & Operators

If you staked or operated nodes on the platform between March 15 and August 15, 2024, you’re eligible. This group will receive the largest share of the tokens, with 70 million EIGEN (4.2% of the supply) set aside for them. For every 1,000 Eigen Points accumulated, participants will receive 3.36 EIGEN tokens.

Ecosystem Partners

Projects like EigenDA, Witness Chain, and Hyperlane that help validate the network will also benefit. A total of 10 million EIGEN tokens (0.6% of the supply) will be distributed to these partners, including various Actively Validated Services (AVS).

Active Community Members

EigenLayer recognizes the contributions of community members, including developers, early adopters, and supporters. A total of 6 million EIGEN tokens (0.35% of the supply) will be awarded to those who have actively participated in the platform’s growth.

The Airdrop Mechanism

Starting September 17, eligible users can claim their tokens through the portal at the Foundation website. After that, you’ll have the option to transfer or trade your tokens when they become fully tradable on September 30. This will mark the first time EIGEN tokens are available for trading on the open market, which is an exciting opportunity for those looking to invest or engage further with the protocol.

Trade & Invite your friends to earn up to 20 $USDT worth of $HMSTR

1. New users on Bitrue will receive HMSTR tokens worth 10 USDT for their first trade of any spot pair. 
2. All users who invite three new users to register on Bitrue and complete any spot trade will receive HMSTR tokens worth 10 USDT.

Click here for more details 

Why Is This Airdrop Important?

This second airdrop is significant for a couple of reasons:

Last Big Airdrop Opportunity

After this season, no large-scale airdrops are planned. There will still be future initiatives, but only 3% of the total token supply remains for smaller distributions later on. If you want a substantial share of EIGEN, this is your best chance.

Market Impact

With 1.67 billion EIGEN tokens in total and an estimated fully diluted valuation (FDV) of around $8.4 billion, this airdrop will introduce a significant amount of tokens into the market. Though pre-market trading has shown a bit of volatility, many community members are optimistic that EIGEN will hold value once tradable.

Contributions Matter

Whether you’re an early supporter, a staker, or part of the ecosystem, EigenLayer is recognizing the contributions of a wide range of participants, making this airdrop one of the most inclusive ones in the space.

Liquid Restaking Protocols (LRTs)

EigenLayer is closely tied to Liquid Restaking Protocols (LRTs), such as Kelp, Pendle, and Swell, which allow users to restake their ETH in a more liquid manner. If you used LRT tokens like rswETH (from Swell), you’ll receive your EIGEN rewards directly from these protocols. However, if you staked through EigenLayer’s interface, you’ll claim your rewards via the main portal.

The distribution method is the same for all protocols, and there’s no favoritism in terms of who gets more or less. Even the LRT protocols themselves will receive rewards based on the same ratio of 3.36 EIGEN per 1,000 Eigen Points accumulated.

The Road Ahead for EIGEN

While Stakedrop Season 2 is a major event for EigenLayer, it’s also the last large-scale distribution of tokens before the platform fully enters the market. After the airdrop, the remaining 3% of the supply will be reserved for future community initiatives.

September 30 is a key date for EigenLayer, as EIGEN tokens will finally become tradable, marking a new chapter for the protocol. With so much interest surrounding EigenLayer’s innovative approach, it’s an exciting time for both the community and the market.

FAQ

Q1: When can I claim my EIGEN tokens?

A1: You can claim your tokens starting September 17, 2024, via the official claim portal.

Q2: Who is eligible for the Stakedrop 2 airdrop?

A2: Stakers, operators, ecosystem partners, and active community members who participated between March 15 and August 15, 2024, are eligible.

Q3: When will EIGEN tokens be tradable?

A3: EIGEN tokens will be fully transferable and tradable starting September 30, 2024.

Conclusion

Whether you’re new to EigenLayer or have been following it since day one, Stakedrop Season 2 is your chance to claim EIGEN tokens before they hit the market. With 86 million tokens up for grabs and the final big distribution before future initiatives, now’s the time to get involved. The process is simple: if you’re eligible, claim your tokens by September 17 and get ready for the official trading launch on September 30.

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