According to the latest announcement from the EIGEN Foundation, the token transfer restrictions for the Ethereum restaking protocol EigenLayer will be lifted on September 30, 2024. Additionally, there will be a withdrawal waiting period of 7 days for unstaking. This means that those who are currently staking but wish to transfer their tokens immediately after the lifting of the transfer restrictions must now initiate the unstaking process.
According to a previous report by Zombit, EigenLayer issued the first quarter airdrop rewards to platform stakers on May 10 of this year, with a claim period of 120 days. However, the foundation has established an “initial non-transferable period” for EIGEN tokens (where they can only be staked and not sold) to allow more time for further product development, decentralization, and community feedback.
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