EIGEN Season 2

Q: Will all $EIGEN received from EigenLayer be distributed to ezETH users?

A: Yes, 100% of $EIGEN received by Renzo will be distributed to ezETH users

Q: When was the snapshot taken for $EIGEN Season 2 distribution?

A: EigenLayer took a snapshot on August 15th, 2024. To ensure all geographic locations for EigenLayers Snapshot on August 15th were accounted for, Renzo team included EigenLayer points up till August 17th.

Q: When can we claim our $EIGEN Season 2 distribution?

A:

  • Users who restaked directly with EigenLayer will claim $EIGEN with EigenLayer Foundation by September 17th, 2024

  • Users who restaked with Renzo will have a separate $EIGEN claim with Renzo, powered by Liquifi, by September 20th, 2024, 12 pm EST.

Q: How do I claim my $EIGEN Season 2 distribution?

A: Please wait for Renzo’s official announcement regarding the claim site on September 20, 2024. Similar to Renzo Season 1 and 2 a claim site will be accessible for the Renzo Website (landing page and dapp banner at the top of the page). Out of caution do not click on ANY links that are not from the Renzo website.

Q: Is the EIGEN token going to be transferable?

A: $EIGEN token will be transferable by September 30th. To assist with the Season 2 stakedrop, Renzo’s wallets were whitelisted by the EigenLayer team.

Q: What is the eligibility requirement for $EIGEN Season 2?

A: The Renzo team is taking lead from EigenLayer and therefore users just need 1 EigenLayer Point from Season 2 (March 15th to August 15th) to be eligible.

Q: I do not have any ezETH left at the time of the snapshot, will I still be eligible?

A: Renzo has NOT imposed any other requirements. This includes NOT requiring users to hold any ezETH at the time of snapshot. If a user had a zero ezETH balance on August 15th but earned EigenLayer Points in previous months, they are still ELIGIBLE.

Q: Is there any vesting for $EIGEN?

A: No, eligible users can claim their full Season 2 allocation on Sep 20th, 2024.

Q: Will there be any eligibility checker site before the claim site goes live?

A: No, users will be able to directly claim their allocations on September 20th, 2024.

Q: Can I check my EigenLayer Season 2 points?

A: Yes, users can view their total (Season 1 and Season 2) EigenLayer points and the breakout of their EigenLayer Season 2 points. Q: How many $EIGEN tokens per EigenLayer point?

Q: How many $EIGEN tokens per EigenLayer point?

A: Total Renzo EigenLayer Season 2 Points 2,807,818,500.2131 / Total Renzo EIGEN allocation 9,410,607.411 EIGEN.

1 EIGEN for 298 EigenLayer Points earned in Season 2 (March 15th - August 15th) however with the additional 2 day buffer of August 17th, the conversion was 1 EIGEN for 308 EigenLayer Points.

Q: Is there any 100 EIGEN bonus on Season 2 Stakedrop?

A: 100 EIGEN bonus is related to Season 1 distribution, not Season 2. The eligibility for 100 EIGEN bonus for Season 1 is:

  • S1 stakedrop eligible participants (snapshot March 15th)

  • Users who directly staked ETH or LSTs on EigenLayer between March 15th and April 29

Please read their docs here for more details: https://docs.eigenfoundation.org/faq/season-1#who-will-receive-the-100-bonus-eigen.

Q: Why did my EigenLayer points get reduced?

A: EigenLayer points stopped accumulating after August 15th, 2024. The EigenLayer team has only recently provided this update, so the Renzo dashboard is updated to reflect the correct users EigenLayer points as of Aug 15th.

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