The Eigen Foundation opened claims for the second phase of its first season stakedrop — letting users of liquid restaking protocols integrated with EigenLayer claim their tokens.

As such, users of liquid restaking protocols or LRTs such as Kelp, Pendle, and Equilibrium can claim their tokens, according to the foundation.

This stakedrop is for LRT users who had restaked their ETH before the snapshot on March 15, 2024. The claim window is available until September 7, 2024.

The foundation said it reserved allocations for each LRT protocol based on interactions with EigenLayer — using the same criteria as in phase 1 and without any penalties applied. This means that phase 2 eligible wallets have also received a bonus of 100 Eigen tokens.

The second phase comes after the foundation concluded its first phase last month. 

With the second phase being rolled out, the first season has come to an end with nearly 113 million Eigen tokens distributed out of the total supply of 1.67 billion tokens at launch. During the first season, the foundation handed out 5% of the token supply to users based on a snapshot of staking activities.

The Eigen tokens from the first season are claimable but they are currently not transferable. The target period for enabling transfers is September 2024.

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The foundation said season 2 of the stakedrop is now underway and plans to release details about it in the coming weeks. Similar to the first season, the second stakedrop season will also allocate 5% of the supply to participants.

While the airdropped Eigen tokens are currently non-transferable, users have the option to stake and delegate their tokens.

Specific allocations were determined by each LRT concerning its end users. To finalize eligible addresses and claims, the Eigen Foundation also conducted Sybil checks, the team noted.

EigenLayer is a platform that lets users deposit and “re-stake” ether from various liquid staking tokens — aiming to allocate those funds to secure third-party networks or actively validated services. Since its launch in June 2023, $18.5 billion worth of ether has been staked on it, according to The Block's data dashboard.

In conjunction with the Eigen token, the project is introducing a new crypto-economic security system known as inter-subjective forking, which is meant to serve a complementary role to ether restaking.