Sreeram Speaks on the EigenLayer Airdrop Saga

Bell Curve

In this episode, Mike and Jason are joined by Sreeram Kannan, the Founder of EigenLayer to discuss the recent Eigen Labs airdrop controversy, why Eigen Labs was not upfront about this list, and what changes they are making internally. Additionally, they dive into EigenLayer’s close relationship with the Ethereum Foundation, avoiding conflicts of interest within the industry, and the need for more disclosures in crypto. Finally, they take a look at how permissionless tokens will impact AVS security preferences.

Thanks for tuning in!

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Resources

Coindesk: Top Crypto Startup Drove Other Projects’ Airdrops to its Employees: https://x.com/CoinDesk/status/1824067033350258815

Coindesk: Crypto Airdrops Ban U.S. Users, but Americans Are Claiming Tokens Anyway: https://x.com/CoinDesk/status/1826441814770872797

EigenLayer’s Response to the Coindesk Article: https://x.com/eigenlayer/status/1824175022308724749

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Follow Sreeram: https://x.com/sreeramkannan

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Timestamps:

(0:00) Introduction

(1:55) Addressing the Eigen Labs Airdrop Controversy

(10:10) Dealing With A Rapid Rise to Prominence

(16:52) Namada Ad

(17:51) Why Was Eigen Labs Not Upfront About the List?

(21:56) Working Closely With the Ethereum Foundation

(30:20) Avoiding Conflicts of Interest in the Crypto Industry

(31:43) What Changes Is EigenLayer Making Internally?

(34:55) Have Eigen Labs Employees Been Claiming Airdrops?

(36:51) Upcoming Developments in the EigenLayer Ecosystem

(58:25) How Permissionless Tokens Impact Security Preferences

(1:02:48) The Need for More Disclosures in Crypto

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Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.