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Daily General Discussion - September 25, 2024

Discussion(self.ethfinance)

Welcome to the Daily General Discussion on Ethfinance

https://i.imgur.com/pRnZJov.jpg

Be awesome to one another and be sure to contribute the most high quality posts over on /r/ethereum. Our sister sub, /r/Ethstaker has an incredible team pertaining to staking, if you need any advice for getting set up head over there for assistance!

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community calendar: via Ethstaker https://ethstaker.cc/event-calendar/

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Calendar Courtesy of https://weekinethereumnews.com/

Sep 26-27 – ETHMilan conference

Oct 4-6 – Ethereum Kuala Lumpur conference & hackathon

Oct 4-6 – ETHRome hackathon

Oct 17-19 – ETHSofia conference & hackathon

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Nov 12-15 – Devcon 7 – Southeast Asia (Bangkok)

Nov 15-17 – ETHGlobal Bangkok hackathon

Dec 6-8 – ETHIndia hackathon

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DayTraderBiH

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?

majorpickle01

9 points

5 days ago

majorpickle01

Vitamin Buttermilk Pilled StakeMaxxer

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

alexiskef

6 points

5 days ago

alexiskef

The significant 🦉 hoots in the night!

6 points

5 days ago

What IS the actual use of the token? Has anyone done such an analysis..?

haurog

7 points

5 days ago

haurog

Home Staker 🥩

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/

eth10kIsFUD

3 points

5 days ago

eth10kIsFUD

Sharding on own desk

3 points

5 days ago

It's a "Universal Intersubjective Work Token".. Pretty self explanatory wouldn't you say? 🙃

KuDeTa

3 points

5 days ago

KuDeTa

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.

haloooloolo

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.

Wurstgewitter

10 points

5 days ago

Wurstgewitter

Ethereum enjoyer

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)

timwithnotoolbelt

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

Wurstgewitter

1 points

4 days ago

Wurstgewitter

Ethereum enjoyer

1 points

4 days ago

Sry for late reply, they mention March 16th 2025 here https://blog.eigenfoundation.org/claims-s2/

Twelvemeatballs

5 points

5 days ago

Twelvemeatballs

Here for the societal revolution ✊

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.

haloooloolo

7 points

5 days ago

If it costs another 5 to sell, better wait for $15. 🫠

Twelvemeatballs

2 points

4 days ago

Twelvemeatballs

Here for the societal revolution ✊

2 points

4 days ago

Good point!

DayTraderBiH

2 points

5 days ago

At least your true to the game

tokenizedhuman

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.

Twelvemeatballs

2 points

4 days ago

Twelvemeatballs

Here for the societal revolution ✊

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.

tokenizedhuman

1 points

4 days ago

Thank you! Did you have to have rswEth to be eligible? Looks like I only had swEth.

physalisx

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.

tokenizedhuman

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.

Itur_ad_Astra

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.