Eigenpie releases EGP token economics, 10% of tokens will be airdropped to early supporters

2024-01-23 16:31:42BlockBeatsShare to:

BlockBeats news, on January 23, the liquidity re-pledge platform Eigenpie announced the economics of EGP tokens. The total supply is 10 million, and the allocation includes IDO (40%), community incentives (35%), Magpie Treasury (15%) and Early backer airdrop (10%). Eigenpie stated that it will introduce EGP tokens through a fair launch without the participation of VC or pre-sale activities. The team officially gave up the token allocation and allocated 15% of EGP tokens to the Magpie Treasury. BlockBeats previously reported that on January 23, Magpie announced that it would cooperate with EigenLayer to launch SubDAO “Eigenpie” focusing on liquidity re-pledge. On Eigenpie, participants can deposit LST to obtain a liquid re-staking version of their tokens. EGP is the governance and revenue sharing token of the Eigenpie ecosystem, promoting decentralized decision-making and bringing economic benefits to its holders.

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