EigenLayer's Programmatic Incentives v1 completed its October 2024 distribution cycle, marking a significant milestone in their staking rewards program. The protocol made 14,161,625.65 EIGEN tokens available for claims to 142,793 qualified restakers.
The rewards program, which launched on August 15, 2024, incentivizes active participation in supporting AVSs through weekly distributions. Restakers and operators who meet qualification criteria receive EIGEN tokens as rewards for their contributions.
- Program runs on weekly distribution cycles
- Rewards both stakers and operators
- Supports Active Validator Sets (AVS)
EigenLayer Programmatic Incentives - October 2024 Summary Programmatic Incentives v1 is an EigenLayer protocol feature providing weekly EIGEN rewards to qualified stakers and operators for their active participation in supporting AVSs, starting from August 15, 2024. In the
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