Supporting EigenLayer Stakedrop with a Custom Token Distribution Solution
After its mainnet launch in June 2023, the restaking platform EigenLayer quickly became one of the largest protocols by Total Value Locked (TVL) on Ethereum, exceeding $15 billion in deposits. To acknowledge the contributions of its early supporters, the EigenLayer Foundation initiated the “stakedrop”, or staked airdrop, where around 180 million EIGEN tokens are distributed to restakers, ecosystem partners, and community members across two seasons.
In managing this complex distribution process, EigenLayer required a reliable solution that addressed several critical concerns: compliance, security, transparency, scalability, and performance for a large and diverse user base.
Clique’s Solution
Clique provided a tailored solution for EigenLayer’s token distribution for both seasons (and three phases), focusing on delivering a seamless claims process with reliable infrastructure. A branded claims portal was developed with extensive customization options, including segmented user behavior through multiple stepper modules to optimize the claims experience.
To streamline the operation, Clique integrated with EigenLayer’s stakedrop Merkle distributor, automating key processes like Merkle signature generation, Merkle leaf verification, user account verification, and Terms of Service (TOS) checks (embedded into the transaction messages). This ensured a smooth user experience while securing the entire distribution process.
Given EigenLayer’s large user base, scalability was crucial. Clique implemented robust infrastructure with autoscaling capabilities to handle high transaction volumes. During Stakedrop Season 1, the system efficiently managed over 10,000 queries per second (QPS) at peak times. Additionally, social verification mechanisms were integrated across platforms such as Twitter, Discord, Farcaster, and GitHub, ensuring that active contributors on social media and core developers in the Ethereum ecosystem are appropriately rewarded.
Meeting compliance requirements was another key factor. Clique incorporated geofencing, OFAC checks, and anti-VPN measures to ensure that the distribution adhered to EigenLayer’s strict standards, safeguarding the process from potential risks.
Throughout both seasons of the stakedrop, the Clique team provided dedicated customer support, addressing inquiries and resolving issues as they arose. This ongoing support ensured a smooth user experience, helping EigenLayer deliver a transparent and efficient token distribution that met all compliance and security needs.
Ready to Elevate Your Token Distribution?
As demonstrated with EigenLayer, Clique easily handles complex token distributions. Whether you're planning for a large-scale airdrop or a custom incentive distribution campaign, we provide tailored end-to-end solutions that are secure, performant, and scalable.
Contact us at clique.tech to learn how we can help your project succeed.
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