Ethereum investor and founder of Tron, Justin Sun, has become the highest individual earner in an airdrop organized by the re-stake protocol EigenLayer. Not surprisingly, Sun alone received 3,620,000 EIGENs.
He locked $3.33 billion in ETH
Tron’s founder had already taken action months ago for EIGEN, the token that EigenLayer will launch next month. In early February, Sun withdrew his ETH from other protocols and invested it all in EigenLayer. The amount he invested was 1 million 350 thousand ETH, equivalent to $3.33 billion at that day’s price. As the amount was so big, the reward came with a big prize.
The fact that Sun alone received a significant part of the token to be distributed caused a backlash from small investors. Some users criticized EigenLayer’s policy.
EIGEN will be on the market with a supply of 1.67 billion units in the first stage. 45% of this supply is reserved for the community. EIGEN is expected to be listed on stock exchanges on May 10. In February, the project received a $100 million investment from Andreessen Horowitz, one of the largest investment companies in the US.