EigenDA to accept staking delegations after Eigen token claims open today | Headlines | News | CoinMarketCap

05/10/2024 18:01
EigenDA to accept staking delegations after Eigen token claims open today | Headlines | News | CoinMarketCap

Claims for EigenLayer’s native tokens will open today after the project announced its distribution and “stakedrop” plan last month. After claiming, …

Claims for EigenLayer’s native tokens will open today after the project announced its distribution and “stakedrop” plan last month.

After claiming, the tokens will remain non-transferable until the end of the third quarter, as clarified by the Eigen Foundation previously. The release date for token transfer functionality is expected by Sept. 30, 2024.

Still, after claiming the tokens today, users can begin staking and delegating to operators of Eigen’s native data availability solution, EigenDA, which is an actively validated service on the network. To support EigenDA, users must delegate their stake to an operator on the platform via the EigenLayer web portal.

"At launch, EigenDA will be the only AVS that uses an EIGEN quorum. We expect other AVSs to follow soon," the project

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