EIGEN Airdrop Season 2 for Swell Users Holding rswETH
2024-09-24
Bittime - Swell protocol announce EIGEN Airdrop Season 2. This airdrop will distribute the total 1,408,243 token EIGEN.
Who is entitled to Airdrop Eigen Season 2? Read this article to find out more!
EIGEN Airdrop Season 2
EIGEN Airdrop Season 2 will be available in the next few days. Users who are eligible to earn EIGEN tokens can claim 1,408,243 EIGEN token allocated to users rswETH.
However, the EIGEN tokens obtained from this airdrop cannot be transferred. This means that token holders cannot directly sell or exchange these tokens on the crypto market.
Read Also: Puffer Finance Holders Can Claim EIGEN Tokens from EigenLayer
EIGEN Airdrop Season 2 Eligible
Swell and EigenLayer have set criteria to determine who is entitled to the Eigen Season 2 Airdrop.
For holders rswETH in period March 15 to August 16, 2024, will automatically qualify for EIGEN tokens.
Snapshot carried out on 16 August 2024 at 05:26:59 WIB or on block 20537000.
So, if you held rswETH at that time, you are entitled to a share of this airdrop.
EIGEN Airdrop Season 2 Allocation
Swell as a liquid staking protocol acts as an intermediary to distribute Airdrop Eigen Season 2 to users who do re-staking.
Swell uses the linear distribution method adopted by EigenLayer. This linear method is based on two things, namely the amount of staking and the duration of staking carried out by the user.
That way, users who save more rswETH in the longer term will get a larger EIGEN token allocation.
Read Also: EIGEN Token Transfer Restrictions will be Lifted on September 30, 2024
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