Eigenpie: EGP Token IDO to Launch on September 20th

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September 17, 2024
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Eigenpie EGP Token IDO to Commence on September 20th

ChainCatcher reports that Eigenpie, an Ethereum liquidity restaking protocol, has announced on X that its EGP token IDO will start at 1:00 PM UTC on September 20th and end at 1:00 PM UTC on September 24th.

The IDO will be held on Magpie Launchpad via Arbitrum. A snapshot will be taken from September 18th to 20th to determine the IDO allocation for vlMGP holders, MGP holders, and vlMGP burners.

The IDO will be conducted in two rounds, with a total of 3.6 million tokens allocated. The private round (3 million FDV) will last 24 hours and will distribute 70.59% of tokens to Eigenpie score holders, 20.59% to vlMGP holders, and 8.82% to MGP/vlMGP burners.

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