Eclipse Foundation Launches ES Token with Major airdrop Initiative

Introduction to the ES Token and airdrop

The Eclipse Foundation has officially introduced its native ES token, initiating a significant airdrop of 100 million tokens to early users. This distribution represents 10% of the total supply of 1 billion ES tokens, aimed at rewarding individuals who have actively participated in the Eclipse Layer 2 network. This innovative platform combines the rapid transaction capabilities of Solana with the robust security features of Ethereum. Over the next month, eligible participants will receive ES tokens in their wallets, marking a pivotal step in Eclipse’s mission to cultivate a thriving decentralized community.

Multifaceted Role of the ES Token

The ES token is not merely a promotional tool; it plays a crucial role within the Eclipse ecosystem. It functions as the gas token for transactions on the Eclipse chain, utilizing a native paymaster system to streamline fee management. Additionally, token holders are granted governance rights, allowing them to influence decisions regarding protocol upgrades, fee structures, and overall network parameters. Designed to operate across Eclipse, Ethereum, and Solana mainnets, the ES token aims to enhance cross-chain liquidity and provide developers with the necessary tools to create Solana-style decentralized applications (dApps) on Ethereum.

Criteria for airdrop Eligibility

Eclipse is prioritizing genuine user engagement over automated wallet filling for its airdrop. To qualify, participants must meet three essential criteria:

1. Engagement in the Turbo Tap Game: Players earn “grass” points through their activity, which helps stress-test the network’s performance. Note that these points do not directly convert into tokens.

2. Social Media Presence: Authentic engagement on X (formerly Twitter) will be assessed using Kaito analytics to measure community involvement.

3. Discord Activity: Participation in Discord discussions will be evaluated to reflect meaningful contributions to the ecosystem.

Snapshots of these engagement metrics will be captured prior to the token distribution, with detailed results shared afterward to ensure fairness and prevent exploitation.

Token Distribution Beyond Early Adopters

While 10% of the total supply is allocated for the airdrop, an additional 5% will be used to enhance liquidity pools on exchanges. The remaining 85% of the ES token supply is distributed as follows:

• 35% for Ecosystem Development: This portion will fund research, infrastructure, and strategic initiatives aligned with the “Eclipse Economy” vision.

• 31% for Early Investors: These tokens will be allocated to initial backers, subject to a three-year lockup period to ensure alignment with long-term goals.

• 19% for Contributors: This share is designated for current and future team members, following a four-year vesting schedule with an additional three-year lockup.

Looking Ahead: Eclipse’s Future Trajectory

Founded in 2022 with $65 million in backing from notable firms such as Placeholder and Polychain, Eclipse launched its public mainnet in November 2024. Currently, the network boasts approximately $30 million in total value locked (TVL). Following the departure of Neel Somani, CEO Vijay Chetty is now at the helm, steering the company toward its ambitious goals.

Disclaimer: This article is provided for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own research before making any investment decisions.