Season 2 Stakedrop
InceptionLRT is distributing tokens from EigenLayer’s Stakedrop Season 2 to eligible users. If you've restaked with InceptionLRT during the defined period, you may be entitled to EIGEN token rewards based on the points you've accumulated. This section will detail how points were calculated, which assets and DeFi integrations are supported, and the details regarding the snapshot process.
Points Calculation and Timeline
The EigenLayer StakeDrop Season 2 took place from March 15th, 2024, to August 15th, 2024. Only points earned during this period will count towards your EIGEN token allocation. The number of tokens distributed corresponds to the Liquid Restaking Tokens (LRTs) held in your wallet, such as inETH, instETH, and others, following EigenLayer's point calculation methodology.
Snapshot Date: The token distribution snapshot was taken on August 15th, 2024, at 22:26:59 UTC.
For the full calculation methodology, check the EigenLayer Point Calculation Guide.
Supported DeFi Integrations for Point Calculation
Restaking on InceptionLRT always accrues points. However, once the Liquid Restaking Tokens (LRTs) are used within certain Defi protocols, only certain supported integrations will allow users to continue earning points.
Here are the supported Defi Integrations for EigenLayer point accrual:
Lynex: inETH/wstETH
Zerolend: inETH
Curve Finance: instETH/wstETH, inswETH/swETH, inrETH/rETH, inankrETH/ankrETH, insfrxETH/sfrxETH, inETHx/ETHx, inmETH/mETH, inoETH/oETH, inosETH/osETH, inwbETH/wbETH, incbETH/cbETH, inlsETH/LsETH, inETH/wstETH
Uniswap: instETH/wstETH, inrETH/rETH, inankrETH/ankrETH, inosETH/osETH, incbETH/cbETH, inwbETH/wbETH, inswETH/swETH, inETHx/ETHx, inoETH/oETH, insfrxETH/sfrxETH, inmETH/mETH, inlsETH/LsETH
QuickSwap: inETH/wETH
Gamma: inETH/wstETH
Example of Points Calculation
Points are accrued based on ETH/hours held in your wallet. Here’s a simple calculation example:
If you deposited 1 ETH on August 8th, 2024, at 23:00 UTC and received inETH from the InceptionLRT Protocol, and held it until the snapshot on August 15th, 2024, at 23:00 UTC, the points you would have earned are:
-> 1 ETH x 24 hours/day x 7 days = 168 ETH hours.
This would correspond to approximately 0.5 EIGEN tokens, though the exact conversion rate depends on the total allocation and mechanism used by EigenLayer.
Point Calculation Conditions
Points were calculated fully if:
Tokens were bridged through InceptionLRTs native bridge to supported networks.
Tokens were held on supported chains and within supported DeFi protocols.
Points might be incorrectly calculated if:
A non-native bridge was used.
Tokens were held in non-supported DeFi protocols.
Inception tokens were not claimed after deposit or bridging.
Addresses were recognized as smart contracts.
Any manipulation or fraudulent actions were detected.
For more details on the EIGEN distribution or to check your claim status, visit our blogpost guide, which provides a detailed step-by-step explanation on how you can claim your EIGEN allocation through the InceptionLRT dApp.
Last updated