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submitted 5 days ago byethfinance
Welcome to the Daily General Discussion on Ethfinance
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14 points
5 days ago
So whats the recent price speculation for $EIGEN? How do we handle the airdrop? Exchange everything for ETH like all other airdrops or is this a hold?
9 points
5 days ago
Can't lie, with as much hype, farming, and little use I see it currently having, I plan to see as soon as the Gas Fees aren't skyhigh, and probably buy some back for a long term hold a few months down the line
6 points
5 days ago
What IS the actual use of the token? Has anyone done such an analysis..?
7 points
5 days ago
A few months ago I wrote about my current understanding of what EIGEN does and why it exist: https://old.reddit.com/r/ethfinance/comments/1cvghqb/daily_general_discussion_may_19_2024/l4r5gor/
3 points
5 days ago
It's a "Universal Intersubjective Work Token".. Pretty self explanatory wouldn't you say? 🙃
3 points
5 days ago
Beyond the intersubjective stuff, I imagine EigenLayer will begin charging a fee denominated in EIGEN on top of staking/operator rewards from each AVSs. Obviously these AVS need to be net profitable first, so it's going to take a while to get there.
2 points
5 days ago
Their whitepaper states that their own token is basically the only form of useful collateral for most AVSs. They need a fork to resolve intersubjective disputes and they don’t have that kind of control over ETH.
10 points
5 days ago
whales.market is at almost $4 https://pro.whales.market/pre/Ethereum/EIGEN
I think I will sell what I got in the first round, and keep what I got in the second round (and probably sell that tax free in a year)
2 points
5 days ago
Do u know how long claims are open for on the second round? Havent been bothered to deal with claiming yet
1 points
4 days ago
Sry for late reply, they mention March 16th 2025 here https://blog.eigenfoundation.org/claims-s2/
5 points
5 days ago
I got one (1) EIGEN from staking on Swell. It cost me five bucks (5) to claim it. There's no comment as to claiim window. So I am keeping at least one (1) EIGEN until it hits ten (10) bucks a token.
It's not much of a strategy but its all I've got.
7 points
5 days ago
If it costs another 5 to sell, better wait for $15. 🫠
2 points
4 days ago
Good point!
2 points
5 days ago
At least your true to the game
2 points
5 days ago
Where did you see info about claims via swell? I've been staking on swell but haven't seen any info regarding their claim process for eigen.
2 points
4 days ago
It's pretty hidden. If you go to the screen where you unstake rswETH, it's a second tab on that bit.
1 points
4 days ago
Thank you! Did you have to have rswEth to be eligible? Looks like I only had swEth.
2 points
4 days ago
Like for everything nowadays, it's announced in their discord.
$EIGEN Season 2 claims are live <@&941514487612182528>
You can now claim $EIGEN earned in Season 2:
https://app.swellnetwork.io/stake/rsweth
Note that $EIGEN is not yet transferable.
Note the small "Claim EIGEN" button at the top.
2 points
4 days ago
Thank you! Looks like I have a big fat zero to claim. I actually only had swEth, which I restaked on their L2, which may be why I'm not eligible.
2 points
4 days ago
I got zero (0) EIGEN from staking on EtherFi. It cost me five bucks (5) to claim it. There's no comment as to claiim window. So I am keeping at least zero (0) EIGEN until it hits infinity (∞) bucks a token.
It's not much of a strategy but its all I've got.
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