Eigenpie: EIGEN token allocation is affected by the amount of ETH/LST deposited and the duration of the deposit
Eigenpie posted on the X platform that the allocation of EIGEN tokens is based on two factors: 1. Amount of ETH/LST deposited into Eigenpie: More deposits mean higher EIGEN allocation.
2. Deposit duration: Longer deposits accumulate more EigenLayer points over time, leading to higher EIGEN allocations.
Users who are not eligible for Phase 1 of Season 1 are eligible to participate in Phase 2 of Season 1.