Eigen Foundation pledges 1% of EIGEN token equaling $8M to support Ethereum development

CAT December 13, 2024 1 min read

Oluwapelumi Adejumo

The Eigen Foundation has committed 1% of its EIGEN token supply to the Protocol Guild, a group dedicated to Ethereum Layer-1 research and development. According to CryptoSlate data, the EIGEN token has a total supply exceeding 1.6 billion. With this pledge, the Protocol Guild could receive up to 1.6 million EIGEN tokens, valued at approximately […]

The post Eigen Foundation pledges 1% of EIGEN token equaling $8M to support Ethereum development appeared first on CryptoSlate.

Go here to Read this Fast! Eigen Foundation pledges 1% of EIGEN token equaling $8M to support Ethereum development

Originally appeared here:
Eigen Foundation pledges 1% of EIGEN token equaling $8M to support Ethereum development

Tags: #bitcoin #blockchain #cryptocurrency #eth btc Ethereum

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checkbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Functional

Performance

Analytics

Others

Related Stories

TON price soars as Telegram allows conversion of gifts into NFTs on The Open Network

Analyst warns of a multi-year crypto bear market

As Fartcoin price surges, profit leaders are not selling

You may have missed

Apple Intelligence summaries are still screwing up headlines

Apple sells limited-edition Year of the Snake AirPods 4 in China

I test smart home devices for a living, and this is my favorite smart thermostat

The best laptops for video editing in 2025: Expert tested and reviewed