The post EigenLayer Extends Eligibility Verification for Season 2 Stakedrop Until September 13 appeared on BitcoinEthereumNews.com.

EigenLayer Stakedrop Season 2 Eligibility: The Ethereum restaking protocol, EigenLayer, has extended the deadline for early contributors to verify their eligibility for the Season 2 Stakedrop. According to a post on X (formerly Twitter), participants now have until September 13, 2024, to verify their eligibility to claim EIGEN tokens. The claims for Season 2 Stakedrop will begin on or before September 17, 2024. This extension comes after EigenLayer’s announcement of plans to distribute 86 million EIGEN tokens across various groups, including stakers, node operators, ecosystem partners, and the broader community. Early contributors are encouraged to complete their verification to secure their share of the token distribution. EigenLayer and the EIGEN Token Stakedrop EigenLayer is an Ethereum protocol focused on restaking, allowing participants to earn rewards by staking their assets to support network security. The EIGEN token serves as the protocol’s native asset, incentivizing contributors and participants in the network. The Stakedrop mechanism rewards those who contribute to the protocol by distributing EIGEN tokens to early supporters, stakers, and node operators. For Season 2, EigenLayer has allocated 86 million EIGEN tokens to be distributed among its contributors. This includes those who helped secure the network, provided staking services, operated nodes, or contributed to the protocol’s broader ecosystem. As the stakedrop’s eligibility verification deadline approaches, contributors are urged to complete their verification by September 13 to ensure they can participate in the token distribution. How to Verify Eligibility To participate in EigenLayer’s Season 2 Stakedrop, contributors must verify their eligibility through the platform. The process is straightforward, requiring users to log in and confirm their contribution history, whether as stakers, node operators, or other ecosystem participants. Verification must be completed by September 13, ensuring that only legitimate early contributors receive the tokens. Once the verification process is complete, participants can begin claiming…

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Filed under: News - @ September 11, 2024 2:21 am