Eclipse Launches $ES Airdrop, Distributing 15% of Token Supply
2025-07-16 10:44:34
Main Idea
Eclipse has launched an airdrop of its $ES token, distributing 15% of the total supply over the next 30 days, with allocations for ecosystem growth, contributors, and early supporters.
Key Points
1. A total of 1 billion $ES tokens have been minted, with 15% allocated to early network supporters.
2. 35% of the supply is designated for ecosystem growth and research and development.
3. Contributors, including team members, will receive 19% of the supply, subject to a four-year vesting period and three-year lockup.
4. 31% is reserved for early supporters and investors, also subject to a three-year lockup.
5. Token holders will have governance rights to vote on key protocol upgrades and fees.
Description
Eclipse, the layer 2 that combines technology from the Ethereum and Solana blockchains has gone live with an airdorp of its $ES token. The team behind the network shared that the initial distribution will occur over the next 30 days. According to a press release shared with CoinDesk, a total of 1 billion $ES tokens have been minted. Of the supply, 15% is allocated to an airdrop and liquidity provisions for core community members and developers who have supported the network from the start. 35% w...
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