Bitget Lists Eigen Layer (EIGEN)

Bitget Lists Eigen Layer (EIGEN) with 26,000 tokens in rewards

Press release

Victoria, Seychelles, 30th September, 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the listing of Eigen (EIGEN) in its Innovation, LSD, ReStaking, and GameFi Zone, marking a significant addition to its growing list of tokens on the platform. Trading for EIGEN will be available accordingly on October 1, 2024 (UTC), while deposits are open. With the integration of Eigen into Bitget's ecosystem, users have an opportunity to engage with a dynamic and innovative project that is gaining traction in the decentralized finance (DeFi) landscape.

To celebrate the listing, Bitget has introduced a series of reward-based activities, allowing users to participate in the growth and development of the EIGEN token. The first initiative, the CandyBomb campaign, offers a total of 20,000 EIGEN tokens to users who deposit and trade during the seven-day promotion period. Participants will receive candies based on their net deposits and spot trading volumes, providing an engaging incentive for early adopters of the EIGEN token.

The second activity is a Social Giveaway, where 6,000 EIGEN tokens are up for grabs. A total of 1,000 qualified users will be selected to share the prize pool equally, making this an exciting opportunity for the crypto community to be a part of Eigen’s journey.

EigenLayer represents a significant advancement in Ethereum's ecosystem, introducing a unique approach called 'restaking.' This feature allows the reuse of ETH on the consensus layer, offering an innovative solution to extend cryptoeconomic security. By enabling ETH stakers—both native and liquid staking token (LST) holders—to opt into EigenLayer’s smart contracts, the protocol effectively enhances security for a broader range of applications within the Ethereum network. This mechanism not only promotes a more secure environment for decentralized applications but also offers stakers an additional avenue for earning rewards.

As a protocol that builds on Ethereum’s foundation, Eigen aims to enhance the staking experience, providing more flexibility and earning opportunities for users. This aligns with the broader trend of expanding DeFi capabilities and further integrating staking mechanisms into everyday blockchain activities. The restaking feature is expected to attract significant attention from those interested in maximizing the utility of their staked assets, thereby contributing to the protocol's growth and adoption.

By listing EIGEN, Bitget continues to support projects that aim to push the boundaries of decentralized finance, providing its users with access to assets that represent the next generation of blockchain development.

For more details on the listing, please visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading, AI bot and other trading solutions. Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including being the Official Crypto Partner of the World's Top Professional Football League, LALIGA, in EASTERN, SEA and LATAM, as well as a global partner of Olympic Athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team).

For media inquiries, please contact: media@bitget.com

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