Eigenpie announces EGP token economics, 10% of tokens will be airdropped to early users

Eigenpie announced EGP token economics, with a total supply of 10 million, and token distribution as follows: IDO (40%), community incentives (35%), Magpie Treasury (15%) and early supporter airdrops (10%). The Eigenpie team has officially abandoned the token distribution and allocated 15% of EGP tokens to the Magpie Treasury to create a level playing field and reward early supporters. In addition, early users who deposit supported ETH LST assets on Eigenpie will begin to accumulate Eigenpie points. These points will enable participants to receive Eigenpie’s EGP token airdrop and IDO quota. According to previous news, the multi-chain income protocol Magpie announced its integration with the Ethereum re-pledge protocol EigenLayer and the establishment of the SubDAO organization Eigenpie. Eigenpie will provide liquidity re-hypothecation services through EigenLayer’s framework. In addition, Eigenpie will launch the governance and revenue sharing token EGP as well as a reward points system.