Ethereum liquidity re-staking protocol Eigenpie announced the token economic model of EGP on X, the total supply of EGP is 10 million, which can be locked in Eigenpie as vlEGP to participate in the protocol governance. The specific distribution of EGP is as follows:
34%: Magpie Launchpad IDO (private placement round);
2%: Magpie Launchpad IDO (Open Round)
1%: Third-party LaunchPads;
2.77%: CEX listing;
15%: Magpie Treasury;
15%: community incentives.
11%: Airdrop;
5%: liquidity;
5.34%: Strategic investors.
8.89%: ecosystem.
Previously, Eigenpie announced that it has received strategic investment and completed a seed round of financing. The specific amount has not been disclosed yet. Arbitrum Foundation, Robot Ventures, PancakeSwap, Relayer Capital and Bitget CEO Gracy Chen, Frax Finance founder Sam Kazemian, Zircuit co-founder Angel Xu, and GMX core contributor coinflipCanada participated in the investment.
Eigenpie unveils EGP token economic model, 11% for airdrops
2024-09-14 01:41:43
Ethereum liquidity remixing protocol eigenpie announcement egp tokendesk3cryptocurrencydesktopCrypto News
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