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Eigenlayer has attracted user criticism for its non-transferable tokens and strict geographical restrictions

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2024-04-30 03:38:41
Eigenlayer's announcement of an airdrop of tokens sparked outrage among users over the non-transferable tokens and strict geographic restrictions, which saw the amount allocated as minimal. Despite the expected increase of more than $15.70 billion in staked Ethereum, participants criticized the linear allocation model for favoring large players, and the strict geographic restrictions that excluded users from 30 countries, including the United States, Canada, China, and Russia.
However, some industry players, such as Henrik Andersson of Apollo Capital, argue that the backlash is unwarranted, praising Eigenlayer's 15% total user allocation as generous and its distribution model as fair and efficient to fend off counterfeit attacks.
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