Eigenlayer

Explore the tokenomics of Eigenlayer (EIGEN) and review the project details below.

What is the allocation & supply schedule for Eigenlayer (EIGEN) ?

At launch, the total initial supply of EIGEN was 1,673,646,668.28466 tokens, symbolizing "1. Open Innovation" as encoded on a telephone keypad. The allocation of this initial supply was divided as follows:

1. Community Allocation (45% of Total Initial Supply):

• Stakedrops (15%):

~251,047,000 tokens were allocated for stakedrops.

As of September 30, 2024, ~158,774,855 EIGEN have already been claimed during Seasons 1 and 2.Unclaimed tokens are reallocated to future community initiatives.

• Community Initiatives (15%):

These initiatives incentivize users, developers, and contributors through grants and rewards programs.While these tokens are part of the Available Supply, they may be subject to vesting or lock-up conditions to ensure the network's sustainable growth.

• R&D and Ecosystem Growth (15%):

Dedicated to supporting research, ecosystem development, and operational costs of the Eigen Foundation.These allocations are implemented over a multi-year timeframe to align with the network's evolving needs.

2. Unlock Schedule for Early Contributors and Investors:

After the EIGEN contract’s transfer restrictions are lifted, tokens allocated to early contributors and investors will be locked for one year.Following the one-year lock-up, 4% of the allocated tokens unlock monthly.

Inflation and Programmatic Rewards

EigenLayer employs an annual inflation rate of 4% on the total initial supply of EIGEN. Inflationary tokens are distributed through programmatic incentives to reward validators and node operators.

• Inflation ensures continued ecosystem participation and network growth.
• Programmatic rewards are designed to incentivize security providers and encourage network engagement.
• The inflation mechanism is governed by the EigenLayer community, with potential adjustments made through governance proposals.