EigenLayer's recent announcement of its token model, featuring a linear distribution of $EIGEN tokens, has sparked controversy and scrutiny. The decision, aimed at preventing sybil attacks, has been critiqued for communication lapses and controversial distribution strategies, leading to community disappointment. Messari analysts and industry experts, including Uniswap founder Hayden Adams, have weighed in on the matter. Adams emphasized the importance of transparent and fair token distributions, critiquing strategies that create ambiguity to boost engagement. Meanwhile, EigenFoundation's RJ Drost clarified the vesting schedule for $EIGEN tokens, stressing fairness and transparency in the process.
.@Uniswap CEO @haydenzadams: “Not aimed at any specific project, but have seen a ton of discourse recently on the topic so figured I’d share my take on good token distributions: 1) tokens, not points 2) don’t farm the farmers - teasing and creating ambiguity around a token… https://t.co/SAnpliWQtr
⏱️ @rjdrost of @EigenFoundation clarifies the vesting schedule for $EIGEN tokens, emphasizing fairness and transparency in the unlock process. Listen to @Unchained_pod 👇 Spotify 🎧 https://t.co/IB4eOWY1E5 Apple 🎧 https://t.co/9HfZgkhBEt 🔗 https://t.co/wtEjJbtN69 https://t.co/aqLzj4Pfpc
Hayden Adams calls for transparent token distribution post-EigenLayer critique. https://t.co/1sclTCA31m
.@Uniswap is the first project to initiate airdrop, the all crypto founders should take a good look at @haydenzadams's words. https://t.co/xb2DCJCZnw
Uniswap founder Hayden Adams shared his views on good token distributions: low float tokens are malicious, don’t work with exchanges or market makers, don’t discuss representative prices, not point, don’t farm the farmers, don’t be stingy - give a significant amount away.…
ICYMI: EigenLayer's $EIGEN token faces scrutiny due to communication lapses and controversial distribution strategies. Initial excitement turned to disappointment as community expectations clashed with protocol provisions. Learn more: ↓ https://t.co/jZ0A5SkyXZ
Not aimed at any specific project, but have seen a ton of discourse recently on the topic so figured I’d share my take on good token distributions: 1) tokens, not points 2) don’t farm the farmers - teasing and creating ambiguity around a token distribution to grow your numbers…
📊 Despite criticisms, @EigenLayer chose a linear distribution for $EIGEN tokens to prevent sybil attacks, @sreeramkannan explains. 🎧 Learn about the distribution strategy and the rationale on @unchained_pod: Spotify 🎧 https://t.co/IB4eOWY1E5 🔗 https://t.co/wtEjJbtN69 https://t.co/7nT4aYFDID
The recent announcement of Eigen's token model has sparked controversy. In the latest Pro report, Messari analysts unpack their thoughts on the design and whether it can lead to success for @EigenLayer. Read now ⬇️ https://t.co/hD25YUQECJ https://t.co/cfkXsUeH8M