Eigenpie Announces EGP Token IDO Schedule

According to Odaily, Ethereum-based liquidity staking protocol Eigenpie has announced the schedule for its EGP token Initial DEX Offering (IDO). The IDO is set to begin on September 20 at 1:00 PM UTC and will conclude on September 24 at 1:00 PM UTC. The event will be hosted on the Magpie Launchpad via the Arbitrum network. A snapshot to determine the allocation for vlMGP holders, MGP, and vlMGP burners will be taken between September 18 and 20. The IDO will consist of two rounds, with a total of 3.6 million tokens available. The private round, valued at 3 million FDV, will last for 24 hours. In this round, 70.59% of the tokens will be allocated to Eigenpie points holders, 20.59% to vlMGP holders, and 8.82% to MGP/vlMGP burners.