Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Eigenlayer draws criticism from users for non-transferable tokens and strict geographic restrictions

Eigenlayer draws criticism from users for non-transferable tokens and strict geographic restrictions

CointimeCointime2024/04/30 04:55
By:Cointime

Eigenlayer announced an airdrop of tokens, which caused anger among users due to the non-transferable tokens and strict geographical limitations, as users believe the allocated amount is very small. Although there was expected to be over $15.7 billion in Ethereum staked, participants criticized this linear distribution model as biased towards larger participants, and strict geographical restrictions will exclude users from 30 countries including the United States, Canada, China, and Russia.

However, some industry insiders such as Henrik Andersson from Apollo Capital believe that this backlash is unreasonable, praising Eigenlayer's generous 15% total allocation to users and stating that the distribution model is fair and effective, able to resist counterfeit attacks.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!