I got to say Coindesk has really stepped it up with the sourcing to put a bunch of this on blast. They broke this story, Eclipse Polychain, the Solana dev come to mind. I love how EigenLayer put out a community update just to turn off comments https://t.co/jONMv2R9Z9
.@eigen_labs distributed a list of employee wallet addresses to ecosystem projects preparing to launch tokens. Some teams said they asked for the list, but one said it didn't and felt pressured by the company to send its employees tokens. https://t.co/iri1r2jkeN
as @apolynya said, crypto's moral compass is broken. what came out today about Eigen, whether true or not, can be looked through multiple perspectives. a lot of people may have issues on why employees got the airdrop, maybe jealousy or a lot of people may have other concerns.…
Eigen Labs, the company behind EigenLayer, is under scrutiny following a CoinDesk investigation revealing that the company circulated a list of its employees' wallet addresses to projects in its ecosystem that were preparing to airdrop tokens. Some projects reportedly requested the list, while at least one did not and felt pressured to participate. The investigation highlights that Eigen Labs employees accepted significant payouts from these airdrops, totaling approximately $5 million at peak values, which raises concerns about potential conflicts of interest. Specific allocations included 46,512 ALT from AltLayer, 10,490.9 ETHFI from Etherfi, and 66,667 REZ from Renzo, with peak values of around $30,000, $80,000, and $16,666, respectively. This situation has sparked debate over the ethical implications of such practices within the crypto industry.