Home Eigenpie
Post
Cancel

Eigenpie

Basic Information

InformationDetails
Project NameEigenpie
Project Websitehttps://eigenlayer.magpiexyz.io/
Project DescriptionEigenpie is a liquid-restaking platform within the EigenLayer ecosystem that allows users to convert various Ethereum Liquid Staked Tokens (LSTs) into liquid restaked versions. These can be used by node operators within the EigenLayer ecosystem to validate new services.
Project TickerEGP

Airdrop Details

InformationDetails
Airdrop TypeEGP (Governance Token)
Total Airdrop Amount10% of the total EGP token supply
Number of Eligible UsersNot Known
Number of ClaimantsNot Known

Timeline

EventDate
Blockchain SnapshotNot Known
Claiming StartedSept 09 ,2024
Claiming EndsNot Known

Token Distribution

DistributionAmount
MaximumNot Known
Median/AverageNot Known
MinimumNot Known

Eligibility Criteria

Users can earn Eigenpie Points through the following methods:

  • Deposit Rewards: Users receive 1 point every hour for holding a quantity of Liquid Staked Tokens (LSTs) equal in value to 1 ETH.
  • Referral Rewards: By referring others, users can earn additional points proportional to the points accumulated by their referees. For each point a referee accumulates, the referrer will earn 0.1 points at the end of each hour. For example, if a user refers 10 individuals who together earn a total of 100 points daily, the referrer will consequently earn 10 points each day.
  • Group Boosts: Users and their referrals form a group that can increase the rate of point accumulation by achieving certain milestones:
    • 1.2x boost when the group’s total deposit surpasses 100 ETH.
    • 1.4x boost when the group’s total deposit surpasses 500 ETH.
    • 1.6x boost when the group’s total deposit surpasses 1,000 ETH.
    • 1.8x boost when the group’s total deposit surpasses 2,000 ETH.
    • 2x boost when the group’s total deposit surpasses 5,000 ETH.

Note: ZkLink users’ points are currently unavailable and are expected to be distributed soon.

  • Price Tracking: CoinMarketCap
  • Price Tracking: CoinGecko
  • Official Announcement: Eigenpie Twitter Announcement
  • Dashboard: Eigenpie Dashboard
  • Tweet

    Additional Information

  • Airdrop Allocation: The team has allocated 10% of the EGP token supply solely for the purpose of the airdrop. By depositing LSTs and referring friends, participants have the opportunity to earn free points. citeturn0search1

  • Seasonal Distribution: The airdrop is distributed over two seasons:

    • Season 1 Airdrop (40%): Vested.
    • Season 2 Airdrop (60%): Vested.
    • Estimated Season 2 Airdrop (40%): Unvested.
  • Discrepancy Reporting: Users are advised to report any potential discrepancies in the calculation via a Discord ticket for review.

  • Note: Unstaking from ETH restake won’t be opened at the same time when LST is unstakable from Eigenpie. It might take up to 10+ days for ETH staking validator being active. Before that, Eigen Layer points won’t be accumulated.
This post is licensed under CC BY 4.0 by the author.