$EIGEN Token Announcement With Sreeram Kannan and Robert Drost episode artwork

EPISODE · Apr 29, 2024 · 1H 11M

$EIGEN Token Announcement With Sreeram Kannan and Robert Drost

from Bankless

Eigenlayer token details are here! Don’t call it an Airdrop - This is a Stakedrop — because that’s the only thing you can do with your EIGEN tokens out of the gate.  15% of the total Supply of Eigen distributed over multiple Seasons, Season 1 starts today with 5% of the supply, and one of the most sophisticated set of smart contracts on Mainnet. EIGEN is not your typical ERC20 token. It’s got this feature called “Intersubjective Forking” that increases the scope of what Eigenlayer can provide security for.  In addition to the token details getting released, we’re also getting the Eigen Foundation, with a new director Robert Drost - who joins Sreeram today to walk us through everything you need to know. Foundation Page: https://eigenfoundation.org/  Claims Page: https://claims.eigenfoundation.org/  ------ 🏹 USE PODCAST24 FOR 10% OFF  https://bankless.cc/Citizen2024  ------ 🎧 Listen On Your Favorite Podcast Player:  https://bankless.cc/Podcast  ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://k.xyz/bankless-pod-q2    ⁠  🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo    ⚖️ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum  🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle  🔐 SAFE | USE SAFE, GET REWARDED https://bankless.cc/SafePass_pod  🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/toku    🏙️ CONSENSUS | SAVE 20% WITH CODE BANKLESS https://bankless.cc/4aykesD  ------ TIMESTAMPS  00:00:00 Start 00:03:39 What is a Stakedrop? 00:08:51 Allocation Details 00:15:53 Phase 1 and Phase 2 00:19:38 Locked Token Utility 00:24:30 When Are Tokens Unlocked? 00:31:04 Intersubjective Forking 00:36:30 Building WWIII Resistance 00:42:15 History Behind Their Decision 00:53:03 Eigenlayer Foundation 00:56:38 Future of Points 00:58:38 US Citizens Blocked 01:01:47 Token Allocation Thoughts 01:05:10 What's Next? ------ RESOURCES Foundation Page: https://eigenfoundation.org/  Claims Page: https://claims.eigenfoundation.org/  ------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures⁠ 

Episode metadata supplied by the publisher feed · Published Apr 29, 2024

Embed this episode

NOW PLAYING

$EIGEN Token Announcement With Sreeram Kannan and Robert Drost

0:00 1:11:55

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

Frequently Asked Questions

How long is this episode of Bankless?

This episode is 1 hour and 11 minutes long.

When was this Bankless episode published?

This episode was published on April 29, 2024.

Can I download this Bankless episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!