# The EIGEN Token Reveal

*Author: Bankless*
*Published: Apr 29, 2024*
*Source: https://www.bankless.com/de/eigen-token-reveal*

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[![](https://bankless.ghost.io/content/images/2024/04/Group-620--5-.png)](https://www.bankless.com/sponsor/celo-1713808101?ref=getting-started-with-eigen&email=true)

  

The EIGEN Token Reveal

  

  
  Published on Apr 29, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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[**Sponsor: Celo**](https://www.bankless.com/sponsor/celo-1713808101?ref=getting-started-with-eigen&email=true) *— Celo is returning to Ethereum with OP Stack and celebrating four years of mainnet!*

[Learn More about #CEL2](https://www.bankless.com/sponsor/celo-1713808101?ref=getting-started-with-eigen&email=true)

.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
FRIEND Incoming
  

  

 

[![](https://bankless.ghost.io/content/images/2024/04/Group-15--13--2.png)](https://www.bankless.com/dashboard)- 📱** friend.tech preps for V2. **The onchain social app postponed its V2 launch to Thursday, May 2nd, to build out [a functionality for sharing the FRIEND airdrop](https://twitter.com/friendtech/status/1784957439877804037) with users' keyholders.
- 😡** Huge new ZachXBT report.** The onchain investigator extraordinaire published [a sweeping new analysis](https://twitter.com/zachxbt/status/1784935501935390930) indicating that North Korea's Lazarus Group has stolen $200M in crypto hacks since 2020. 
- 🔃** The SEC's ETH reversal. **In [a new court complaint filed today](https://www.theblock.co/post/291477/consensys-alleges-sec-was-considering-over-a-year-ago-that-ether-may-be-a-security), Consensys alleges the U.S. Securities and Exchange Commission changed course and issued an order to investigate Ethereum as a potential security in March 2023. 

.  .  .

 
  
    
      
      TODAY IN MARKETS
    
    
  
  
    
  Mixed EIGEN Feelings
  
  

  

 
 

[![](https://bankless.ghost.io/content/images/2024/04/image---2024-04-29T133624.313-1.png)](https://www.bankless.com/mixed-eigen-feelings)🌗** Buzz and discontent**. In today's flat market, EigenLayer's announcement of their new EIGEN token has certainly stirred the pot, though not entirely in the way many might have hoped. *What's the fuss about, and will it subside?*

[Read More Analysis on Bankless.com](https://www.bankless.com/mixed-eigen-feelings)

Prices as of 4pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.32t
       

  
    
    ↘ 2.3%
    
  

   
    
    ↘ 4.9%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $62,998.94
       

  
    
    ↘ 1.0%
    
  

   
    
    ↘ 5.4%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,186.70
       

  
    
    ↘ 3.9%
    
  

   
    
    ↘ 0.1%
    
  

  

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    ANALYSIS

  
  
    
   
Getting Started with EIGEN
  
  
   
     
     Bankless Author: 
     
      [
       
       Jack Inabinet](https://twitter.com/JackInabinet)
     
    
 

[![](https://bankless.ghost.io/content/images/2024/04/image---2024-04-29T105542.420-2.png)](https://www.bankless.com/getting-started-with-eigen)**The most-anticipated airdrop of all time is just around the corner. **

Today, Ethereum restaking protocol EigenLayer introduced its EIGEN token, and its mechanics and "stakedrop" distribution approach are unlike anything we've seen before. The release will usher in Restaking Summer and new frontiers for the Ethereum ecosystem, so get ready! 

*Here's everything you need to know to prepare for EIGEN *** **👇

[Read the Full Rundown](https://www.bankless.com/getting-started-with-eigen)
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*This article is brought to you by [Figure](https://www.bankless.com/de/sponsor/figure-1767965878?ref=eigen-token-reveal)*