TechFlow reports that Eigenpie, created by Magpie, has announced the tokenomics for its EGP token, with a total supply of 10 million. The distribution includes IDO (40%), community incentives (35%), Magpie Treasury (15%), and an airdrop for early supporters (10%).
Early users who deposit supported ETH LST assets on Eigenpie will accumulate Eigenpie points, qualifying them for potential EGP token airdrops and IDO allocations.
Eigenpie commits to a fair launch for the EGP token, with no involvement from venture capital or private sales. The EGP token will be fairly issued at a low FDV of $3 million.
Previous report: Magpie, a multi-chain yield protocol, launched Eigenpie, offering restaking services through EigenLayer.
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