What is Eigenpie (EGP)

1. Project Introduction
Eigenpie is a restaking SubDAO that delivers Liquid Restaking services by leveraging the technology of EigenLayer. It is designed to maximize passive income opportunities by providing liquid tokens for users' ETH and LST while contributing to the long-term development of the Ethereum ecosystem. Users can enhance the returns of their ETH positions through Eigenpie's restaking tokens, thus improving capital efficiency and gaining greater flexibility.
2. Team & Investment Info
Eigenpie's team, Magpie, is a professional group specializing in multi-chain yield and veTokenomics solutions, committed to driving innovation and development in decentralized finance. The team has previously launched several successful SubDAO projects, including Penpie, Radpie, Campie, and Cakepie, accumulating rich experience. Its core members come from prominent tech companies like Google, Dropbox, and Helium, with strong technical backgrounds and a global perspective.
In terms of funding, in September 2024, Eigenpie announced that it had received strategic investment and completed a seed funding round, though the specific amount has not been disclosed. Investors include Arbitrum Foundation, Robot Ventures, PancakeSwap, Relayer Capital, Bitget CEO Gracy Chen, Frax Finance founder Sam Kazemian, and Zircuit co-founder Angel Xu.
3. Social Media URLs
X: https://twitter.com/Eigenpiexyz_io
Telegram: https://t.me/Official_MagpieMegaDao/101124
Discord: https://discord.com/invite/magpiexyz
4. Token Info
Token Symbol: EGP
Total Supply: 10,000,000
Token Type: ARB
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x7e7a7c916c19a45769f6bdaf91087f93c6c12f78
Token Distribution:
Private Round: 34%
Public Round: 2%
Third-party Launchpad: 1%
CEX Listing: 2.77%
Magpie Treasury: 15%
Community Incentives: 15%
Airdrops: 11%
Liquidity: 5%
Strategic Investors: 5.34%
Ecosystem: 8.89%
5. Related Links
Official Website: https://www.eigenlayer.magpiexyz.io/restake
Other Info: https://defillama.com/protocol/eigenpie