Why Eigenlayer’s Airdrop Is Controversial

Why Eigenlayer’s Airdrop Is Controversial

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Source: Coindesk.com

Users of the Ethereum restaking pioneer Eigenlayer, many of whom are about to be rewarded with a massive airdrop of a new EIGEN token, are voting with their dollars. In response to what some have called Eigen Labs’ overly complicated white paper and relatively limited rewards, users have withdrawn about 150,000 ether (ETH), worth about $457 million, from the platform.

Read More https://www.coindesk.com/consensus-magazine/2024/04/30/why-eigenlayers-airdrop-is-controversial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Why Eigenlayer’s Airdrop Is Controversial" appeared first here Coindesk.com.

Source: Coindesk.com

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