This website collects cookies to deliver better user experience, you agree to the Privacy Policy.
Accept
Sign In
The Texas Reporter
  • Home
  • Trending
  • Texas
  • World
  • Politics
  • Opinion
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Books
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: EigenLayer Responds to Claims it Pressured Tasks for Token Allocations – “The Defiant”
Share
The Texas ReporterThe Texas Reporter
Font ResizerAa
Search
  • Home
  • Trending
  • Texas
  • World
  • Politics
  • Opinion
  • Business
    • Business
    • Economy
    • Real Estate
  • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion
    • Books
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© The Texas Reporter. All Rights Reserved.
The Texas Reporter > Blog > NFTs > EigenLayer Responds to Claims it Pressured Tasks for Token Allocations – “The Defiant”
NFTs

EigenLayer Responds to Claims it Pressured Tasks for Token Allocations – “The Defiant”

Editorial Board
Editorial Board Published August 16, 2024
Share
SHARE

A information article reported the restaking platform is abusing its place as a pacesetter in DeFi to safe airdrops.

Eigen Labs, the group behind the main restaking resolution EigenLayer, responded to a CoinDesk article claiming that the EigenLayer group “pressured” different firms to distribute token allocations to Eigen Labs workers.

Eigen Labs’ weblog put up acknowledged “We want to make clear that we have no knowledge or evidence of any employee at Eigen Labs pressuring any team to unduly benefit the Eigen Labs corporate entity or its employees”.

CoinDesk acknowledged that every worker obtained 46,512 ALT from AltLayer, 10,490.0 ETHFI from Ether.Fi, and 66,667 REZ from Renzo, for a complete of $126,666 per individual at peak costs.

Within the article, the creator reported, “another team said it was sent a list of wallet addresses by Eigen Labs and felt pressured to pay up – or risk imperiling the relationship with a company that could make or break its business”.

‘No Coercion’

Eigen Labs acknowledged the airdrop allocations, however mentioned that “to our knowledge, Eigen Labs was not treated differently and nor was there any coercion or preferential treatment from Eigen Labs to any of the teams”.

Within the assertion, Eigen Labs highlighted that the group up to date its inside insurance policies again in Could, to keep away from misaligned incentives. Per the brand new phrases any tasks distributing tokens to Eigen Labs should airdrop the allocations on to the corporate itself.

Eigen Layer additionally created the Eigen Ecosystem Community in June, which permits firms to record their workers addresses in order that any undertaking that needs to airdrop tokens can achieve this to firms on the record. This proposes an additional layer of transparency versus workers and firms privately reporting an unverified record of wallets.

TAGGED:AllocationsclaimsDefiantEigenLayerPressuredProjectsRespondsToken
Share This Article
Twitter Email Copy Link Print
Previous Article ‘Vanderpump Villa’ Season 2 Updates: Forged, Premiere Date, Spoilers
Next Article Trump’s tariffs may spark a commerce warfare and an ‘inflation shock,’ knowledgeable warns

Editor's Pick

Barbies and Sizzling Wheels will price extra as Trump retains toying with tariffs

Barbies and Sizzling Wheels will price extra as Trump retains toying with tariffs

Appears to be like like President Donald Trump is lastly getting his want: Children will likely be getting fewer dolls…

By Editorial Board 4 Min Read
Alpine’s Sizzling Hatch EV Has a Constructed-In, ‘Gran Turismo’ Model Driving Teacher

One other win over its Renault 5 sibling is a multi-link rear…

3 Min Read
Louis Vuitton Is Dropping a New Perfume As a result of It’s Sizzling | FashionBeans

We independently consider all beneficial services and products. Any services or products…

2 Min Read

Latest

Rating the Corridor of Fame circumstances of Pete Rose, ‘Shoeless’ Joe Jackson and extra newly reinstated MLB gamers

Rating the Corridor of Fame circumstances of Pete Rose, ‘Shoeless’ Joe Jackson and extra newly reinstated MLB gamers

Main League Baseball commissioner Rob Manfred introduced Tuesday that he…

May 14, 2025

Harrison County Native who was Nationwide Chief as a Hearth Chief, Firefighter, Benjamin Barksdale, Passes

The Lord of Glory ushered Benjamin…

May 14, 2025

Europe’s final mall? Hamburg marks the top of an period as Westfield appears to Saudi Arabia for its subsequent retail increase

Paris-based Unibail-Rodamco-Westfield (URW) — the purchasing…

May 14, 2025

Trump’s greatest ‘offers’ throughout second time period to this point | Cash Information

Donald Trump has typically stated that…

May 14, 2025

Appears like it’s time to bathe cash on farmers once more

In an all-too-familiar transfer, Home Republicans…

May 14, 2025

You Might Also Like

Controversial Curve Funding Proposal Wins Over Tokenholders – “The Defiant”

The proposal beforehand attracted pushback from Curve’s group.Curve group is not pushing again towards a governance proposal to earmark 44%…

4 Min Read

Court docket Dismisses $258B Lawsuit Alleging Elon Musk and Tesla Manipulated Dogecoin – “The Defiant”

The courtroom discovered Musk’s statements to be non-factual and aspirational, describing them as "puffery." A U.S. courtroom has dismissed a…

4 Min Read

Aerodrome Tops 2024 DEX Income Rankings – “The Defiant”

Fueled by token incentives, the decentralized trade on Base has raked in additional than double Uniswap’s income this 12 months.Aerodrome,…

2 Min Read

Nostr Surge After Telegram CEO Arrest Exhibits Rising Consumer Demand for Privateness – “The Defiant”

Customers soared to 34,000 from 9,000 after Pavel Durov was detained in France. Decentralized social media platform Nostr clocked a…

8 Min Read
The Texas Reporter

About Us

Welcome to The Texas Reporter, a newspaper based in Houston, Texas that covers a wide range of topics for our readers. At The Texas Reporter, we are dedicated to providing our readers with the latest news and information from around the world, with a focus on issues that are important to the people of Texas.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© The Texas Reporter. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?