Eigenpie
Crypto Overview
Purpose and Utility
Eigenpie (EGP) is built on Ethereum and serves as the native token for the Eigenpie Protocol, which aims to create a decentralized staking infrastructure for Ethereum's Proof of Stake mechanism. The protocol allows users to participate in Ethereum staking without running their own validator nodes.
Business Model Analysis
The protocol's core functionality revolves around validating transactions and securing the Ethereum network through staking. This represents a legitimate technological utility that creates real value by contributing to network security. The token is used for governance and reward distribution within the ecosystem.
Real-World Adoption
The project is in its early stages, having launched in late 2023. While adoption metrics are still limited, the protocol has begun attracting stakers and validators who participate in securing the Ethereum network.
Platform Development
Development activity appears consistent, with regular updates to the protocol's infrastructure. The team maintains an active GitHub repository and provides technical documentation for their staking mechanisms.
Token Distribution
Based on available data, the token distribution includes allocations for staking rewards, development, and ecosystem growth. Specific vesting schedules for team tokens have been implemented to align long-term incentives.
Crypto Impact
To assign a comfort level investing in Eigenpie from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Eigenpie.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.