Eigenpie: The Rising Star of the LRT Track

Eigenpie, as an emerging project in the Liquid Restaking Token(LRT) space, recently launched a points activity to provide generous rewards for early participants. This article will analyze in detail the operational mechanism, development prospects, and potential returns of Eigenpie.

Participation Methods and Earnings

Currently, users can deposit liquidity staking tokens such as stETH (LST) to receive multiple rewards:

1. Eigenpie integration, corresponding to a 10% airdrop of the total token supply.
2. Eigenlayer points ( will open for deposits after December 5 )
3. Eigenpie IDO allocation, accounting for 24% of the total, with an initial valuation of 3 million USD.
4. Basic earnings from the original LST

Points will provide additional rewards based on the scale of participation, up to a maximum of 2 times. It is recommended to choose a larger "fleet" to participate.

Innovative Mechanism

Eigenpie uses the isolation mechanism of LRT(ILRT) to issue corresponding tokens for each type of LST, isolating risks. This solves the risk aggregation problem faced by traditional LRT projects while also reserving independent liquidity pools for each type of LST, facilitating cooperation with the original LST project parties.

Development Prospects

As a newcomer, Eigenpie fills a market gap: providing an independent LRT solution for LSTs that have integrated with Eigenlayer. This not only meets the needs of various LSTs participating in the LRT narrative but also avoids risk transmission.

In the future, Eigenpie is expected to launch DEX trading and integrate features like Pendle, which will bring significant profits to the Magpie ecosystem.

Expected Returns

Token Allocation Plan:

• IDO: 40%
• Airdrop: 10%
• Incentive: 35%
• Magpie Vault: 15%

A total of 34% of the tokens will be allocated to early TVL providers, accounting for approximately 70% of the initial circulating supply.

Based on the valuation of similar projects, if Eigenpie reaches a similar scale, early participants may achieve an annualized return of approximately 180% within two months, excluding Eigenlayer points earnings.

Conclusion

Eigenpie brings innovative solutions to the LRT track, and its transparent token distribution and fair issuance model are worth noting. However, any investment carries risks, and participants should assess carefully and bear the risks themselves.