Eigenpie: The Rising Star in the LRT Project

Recently, a project called Eigenpie has attracted widespread attention in the field of LRT (Liquid Staking Tokens). As a sub-DAO of a well-known project, Eigenpie has launched a points activity, providing substantial earning opportunities for TVL (Total Value Locked) providers. This article will delve into the operational mechanism of Eigenpie, its future prospects, and potential earnings.

Multiple Revenue Mechanisms

Eigenpie provides users with multiple revenue channels:

1. Eigenpie airdrop: corresponds to 10% of the total amount
2. Certain staking platform points (expected to open for deposits after February 5)
3. Eigenpie IDO allocation: Corresponds to a total of 24%, initial valuation of 3 million USD
4. Basic LST yield: such as mETH's 7% APR

It is worth noting that the point gain is proportional to the fleet size, with a maximum of up to two times. Therefore, users are advised to choose a larger fleet to maximize their earnings.

Unique ILRT Mechanism

Eigenpie adopts an innovative ILRT (Isolated LRT) mechanism, issuing corresponding tokens for each LST, effectively isolating the risks between different LSTs. This design not only protects the project from potential issues of a single LST but also provides independent LRT solutions for each LST.

Although the isolation of risk also limits liquidity, Eigenpie cleverly addresses this issue by collaborating with LST project parties to provide incentives for individual trading pairs.

Project Advantages and Prospects

Eigenpie, as a latecomer, fills a gap in the market. It provides the best solution for LSTs that have already connected to a certain staking platform to participate in the LRT narrative. Each LST has its own independent LRT, avoiding risk overlap. High-yield LSTs (such as mETH) can fully leverage their advantages on this platform.

The project team has shown a strong willingness to promote the listing of derivative tokens on decentralized exchanges, which will bring considerable benefits to other projects within its ecosystem.

Token Economics and Revenue Expectations

The token allocation of Eigenpie is as follows:

• IDO: 40%
• Airdrop: 10%
• Incentive: 35%
• Project Reserve: 15% (for staking rewards)

This distribution method is similar to a fair issuance model, but the IDO whitelist is mainly aimed at TVL providers. TVL providers can obtain:

• Airdrop of 10% of the total supply
• 60% of the IDO share (IDO accounts for 40% of the total, valued at 3 million dollars)

Approximately 70% of the initial circulation is accounted for, and there is no risk of future venture capital selling pressure.

Given the current high valuation trend of the LRT project, the potential returns of Eigenpie could be quite substantial. If we reference the valuations of certain already launched projects, early participants' potential annualized returns may exceed 180%, not including the earnings from the underlying staking platform points.

Conclusion

Eigenpie stands out in the competitive LRT market with its innovative ILRT mechanism, multiple revenue streams, and fair token distribution plan. The project not only offers users substantial earning opportunities but also brings new value to the entire ecosystem through risk isolation. As the LRT sector continues to heat up, Eigenpie is expected to become a significant player in this field.