According to the official announcement, the Eigen Foundation awarded 1 million EIGEN tokens to AltLayer. AltLayer said that the tokens will be used directly to give back to the community. The first 500,000 EIGEN tokens will be distributed to reALT holders and pledgers starting this week. The remaining 500,000 EIGEN tokens will be distributed when Eigen Layer's V2 reward mechanism goes live on its mainnet in 2025.