EIGEN, A Re-staking Protocol, Will Be Listed on CoinW Exchange

CoinW,
the
world’s
pioneering cryptocurrency
trading
platform,
will
list
EIGEN,
EigenLayer’s
EIGEN
token,
on
the
DeFi
Zone.
For
all
CoinW
users,
the
EIGEN/USDT
will
be
officially
available
for
trading
on
October
1st
2024,
at
5:00
(UTC).
To
celebrate
the
listing
of
DRIFT,
we
are
launching
the “DRIFT
bounty
program:
Register
&
Trade
&
Retweet”
event
with
a
reward
pool
of
5,000
USDT.

EigenLayer
and
Its
Role
in
Ethereum’s
Future

EigenLayer
is
a
revolutionary
Ethereum-based
protocol
that
introduces
re-staking,
a
concept
that
allows
Ethereum
validators
to
extend
their
staked
assets
to
secure
other
decentralized
applications.
By
leveraging
a
large
validator
pool
across
different
modules,
EigenLayer
significantly
strengthens
the
security
of
Ethereum
DApps.
It
also
provides
a
platform
for
testing
and
validating
new
Ethereum
features
before
integrating
them
into
the
Ethereum
mainnet,
making
it
a
vital
player
in
the
Ethereum
ecosystem.

EigenLayer
is
leading
the
restaking
narrative,
which
has
quickly
become
one
of
the
most
exciting
developments
within
the
Ethereum
community.
With
strong
community
support
and
a
wide-reaching
airdrop
to
incentivize
early
adopters,
EigenLayer
has
positioned
itself
as
a
key
infrastructure
protocol
for
the
Ethereum
network.

Tokenomics
and
Project
Growth

At
launch,
EigenLayer’s
native
token
EIGEN
has
a
total
supply
of
1,673,646,668.28466
tokens,
symbolically
encoded
with
the
phrase “open
innovation”
on
a
classic
telephone
keypad.
The
token
distribution
is
designed
to
support
the
protocol’s
growth
and
sustainability:

Community
Allocation:
45%
plus
future
inflation

Equity
Ratio:
15%

Future
Initiatives:
15%
inflation
after
activation

R&D
and
Ecosystem
Development:
15%,
managed
by
the
Eigen
Foundation

Investors:
29.5%

Early
Contributors:
25.5%

EigenLayer’s
rise
in
prominence
is
reflected
in
its
recent
$50
million
Series
A
funding,
led
by
Blockchain
Capital,
with
participation
from
major
investors
including
Electric
Capital,
Polychain
Capital,
Hack
VC,
Coinbase
Ventures,
and
others.
This
funding
will
be
instrumental
in
scaling
the
EigenLayer
protocol,
and
a
successful
airdrop
has
already
attracted
a
wide
range
of
participants
eager
to
engage
with
the
platform.

5,000
USDT
Limited-Time
Offer
for
CoinW
Community

To
celebrate
the
listing,
5,000
USDT
equivalent
EIGEN
prize
pool
will
be
up
for
grabs
from
October
1st,
2024,
at
5:00
to
October
9th,
2024,
at
16:00
(UTC).
By
participating
in
events
such
as
registration,
trading,
and
community
events,
CoinW
users
have
the
opportunity
to
share
in
a
prize
pool
of
5,000
USDT.
 To
claim
your
rewards,
please
click here. 

About
CoinW

CoinW is
a
pioneering
crypto
trading
platform
that
prioritizes
security,
transparency,
and
user-centric
principles.
With
advanced
technology,
deep
liquidity,
and
a
wide
range
of
supported
cryptocurrencies,
the
company
has
amassed
a
broad
user
base
to
become
one
of
the
world’s
most
secure crypto
exchanges.
Committed
to
security,
transparency,
and
compliance,
the
CoinW
exchange
upholds
the
highest
regulatory
standards
and
actively
contributes
to
the
advancement
of
the
crypto
industry.
To
learn
more
about
CoinW,
you
can
visit
the
official website,
and
follow
CoinW’s Twitter
Account, Btok,
and Telegram
Group.

About
EIGEN

EigenLayer is
an
Ethereum-based
protocol
that
introduces
restaking,
and
it
is
the
leading
project
in
the
restaking
sector.
Restaking
has
now
become
a
central
narrative
in
the
Ethereum
ecosystem.