DeFi

EigenLayer Airdrop Claims Go Live

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The EIGEN token is not yet transferable but can be staked and delegated to EigenDA node operators.

Ethereum takeover protocol EigenLayer has opened airdrop claims to users who participated in its stake.

Eligible recipients can claim their EIGEN tokens here.

EIGEN airdrop claim

It appears that the project has removed some of the geo-restrictions linked to the claim, although VPNs remain blocked.

EigenLayer is the third largest protocol in DeFi, with $14.4 billion in total value locked (TVL), according to DeFiLlama. It allows users to reinvest their Ether or Liquid Staking (LST) tokens to earn additional yield by securing third-party applications called Actively Validated Services (AVS).

Once claimed, users can stake and delegate their tokens to a node operator for EigenDA, a data availability protocol that is the first AVS built on top of EigenLayer. The project has previously stated that it aims to make EIGEN transferable by September 30.

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