EigenLayer releases whitepaper of EIGEN, the ecosystem’s “Universal Intersubjective Work Token.”
The team confirms that the 120-day claim window will open on May 10.
Over 50 regions, including the US, Canada, and China, are listed as ‘prohibited jurisdictions’ ineligible for token claims.
Ethereum-based restaking protocol EigenLayer unveiled the 43-paged whitepaper of its upcoming token EIGEN on Monday, confirming the airdrop and introducing the new mechanisms — “intersubjective” forking and staking.
Launching EIGEN token’s prime purpose is to uphold the ecosystem’s Actively Validated Services (AVSs) security. Significantly, the unique and complex mechanisms are aimed to tackle the “intersubjective” faults — “behaviors that cannot be objectively identified onchain.”
Eigen Foundation, the non-profit organization behind EigenLayer highlighted, “Use cases include transaction ordering, databases, prediction markets, storage services, oracles, ar
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