EigenLayer is set to lift transfer restrictions on its EIGEN token on September 30, 2024. The move will allow stakeholders to trade and transfer their tokens, including airdropped rewards. There is a 7-day withdrawal period for unstaking EIGEN, which stakeholders need to plan around. The EIGEN token will launch with a market cap of approximately $600 million and a fully diluted valuation of $5 billion, with 12% of EIGEN in circulation, placing it at 123rd in market cap rankings. The token distribution ran from March 15 to August 15, 2024, distributing 86 million tokens to 860,875 eligible stakers. Claims went live on September 16, 2024, following a snapshot on August 15, 2024.