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The EIGEN token is not yet transferable but can be staked and delegated to EigenDA node operators.
Ethereum restaking protocol EigenLayer has opened up airdrop claims for users that participated in its stakedrop.
Eligible recipients can claim their EIGEN tokens here.
It appears that the project has dropped some of the geographical restrictions for the claim, although VPNs remain blocked.
EigenLayer is DeFi’s third-largest protocol, with $14.4 billion in total value locked (TVL), according to DeFiLlama. It enables users to re-stake their Ether or liquid staking tokens (LSTs) 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 atop EigenLayer. The project has previously stated that it aims to make EIGEN transferable by Sept. 30.
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Read More: thedefiant.io
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