Eclipse Launches ES Token With Airdrop for Early Supporters
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The Eclipse Foundation, known for combining Solana’s fast transaction speeds with Ethereum’s strong security, has officially launched its native token, called $ES, to power its new Layer 2 blockchain network.
As it stands, a total of one billion $ES tokens have been created, with 100 million tokens (10%) set aside for an airdrop to reward early users. This distribution will take place over 30 days, and eligibility is based on activity in the Turbo Tap game, engagement on X (formerly Twitter), and participation on Discord. Eclipse’s unique system is designed to stop users from cheating the process by delaying the release of the snapshot and exact criteria until after the airdrop starts.
Airdrop and Token Use Case
The $ES token has been deployed across the Eclipse, Ethereum, and Solana networks. However, it will play a key role in the Eclipse ecosystem, serving as a gas token to pay for transactions and enabling decentralized governance
As it stands, token holders will be able to vote on changes to the Eclipse protocol, such as upgrades. While users who played Turbo Tap and earned “grass” points are eligible for the airdrop, there is no direct point-to-token conversion. Altogether, the aim is to reward real user interaction and avoid system manipulation.
It is important to note that the airdrop will exclude team members who instead receive their share through a different means. This decision helps keep the airdrop fair for the public.
To this end, the foundation explained that contributors’ tokens are locked for three years.
Token Allocation and Project Growth
Beyond the airdrop, Eclipse has planned a detailed token distribution as follows: 35% of tokens will be allocated to the ecosystem development, including funding research, operations, and a larger vision, the “Eclipse Economy.” This part of the plan supports long-term network growth and encourages developers and users to build within the Eclipse system.
In the same analysis, 31% has been reserved for early investors, who helped fund Eclipse’s development. These tokens are also locked for years.
To this end, the remaining 19% is for team members and future contributors. The foundation, which raised $65 million from top crypto investors, launched its public mainnet in November 2024 and currently has about $30 million in total value locked (TVL). However, despite past leadership changes, the firm continues to push forward with its strong Layer 2 platform.
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