Eigenlayer Airdrop Controversy Intensifies Over Token Restrictions and Exclusions

The Eigenlayer airdrop faces backlash due to non-transferable tokens and exclusion of key regions, sparking significant withdrawals from the platform.

The Eigenlayer airdrop plan allocates 15% of EIGEN tokens to the community, with early users receiving a non-transferable portion, causing dissatisfaction among stakeholders.
Investors and early contributors receive 55% of the initial token distribution, leading to concerns over fairness and potential market impact once tokens become transferable.
Users from the U.S., Canada, China, and Russia are excluded from the airdrop, alongside those using VPNs, raising issues about fairness and regulatory compliance.
The controversy has resulted in substantial withdrawals from Eigenlayer, with about 150,000 ether ($457 million) removed from the platform.
Legal experts suggest that non-transferability and geofencing might help manage regulatory risks, but are not the only options available to crypto projects.