EigenLayer Foundation to Hold EIGEN Season 2 Stakedrop for 3 Recipients Only

The EIGEN Season 2 Stakedrop is only specifically for 3 categories of recipients. Are you among those eligible to receive this EIGEN airdrop?

Through its official account on X, the EigenLayer Foundation announced its airdrop event. The EIGEN Season 2 stakedrop was announced on September 4. However, there has been no additional announcement regarding exactly when this airdrop will take place.

Stakedrop EIGEN Season 2 is only specifically for 3 categories of recipients. Are you among those eligible to receive this EIGEN airdrop? Check out the explanation below.

Mengenal EigenLayer

Before discussing EIGEN Season 2 Stakedrop, let's first discuss EigenLayer. That way, you will become more familiar with this protocol.

So, EigenLayer is a protocol on the Ethereum network. This protocol is very innovative because, with EigenLayer, users can restake ETH that has previously been staked on the Ethereum Beacon Chain.

In this way, the ETH owned by users can be used again to secure other projects built on the Ethereum network. The emergence of EigenLayer makes using ETFs much more efficient.

EigenLayer also helps improve the security of the Ethereum network and projects built on the Ethereum network. With more validators securing the network, the network will become more decentralized and resistant to attacks.

This protocol also opens the door to the development of new, innovative projects on top of Ethereum. That way, developers can easily access the security resources provided by EigenLayer without needing to build their security infrastructure.

EIGEN Season 2 Stakedrop

On September 4, EigenFoundation announced its airdrop event with the title Stakedrop EIGEN Season 2. This event will be held on September 17 2024. However, there is a possibility that it will be held before that date.

There are only 3 categories of recipients who are eligible to take part in this EIGEN airdrop event, namely Stakers & Operators, Ecosystem Partners, and Community. The following is a more detailed explanation.

1. Stakers & Operators

This recipient category is users who have staked ETH or EIGEN tokens. Later, stakers can immediately claim prizes when the airdrop officially opens. To calculate rewards, you can check the following table.

2. Ecosystem Partners

The EIGEN airdrop recipient category includes AVS, LRT, Rollup, RaaS, and other main contributors who meet the requirements of the EigenLayer ecosystem.

3. Community

The community in question is supporters, contributors, and early users of the EigenLayer project. Later, this category will be assessed by carrying out social identity verification as confirmation that the user is indeed in this category.

Conclusion

That is the information about the EIGEN Season 2 Stakedrop. You can follow the latest information about EigenLayer and the official date for holding the season 2 stakedrop by accessing the Bitrue blog.

Bitrue has a variety of the latest information about the crypto ecosystem. That way, you will always be up to date with the various crypto projects currently underway.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES

Karaoke Manekineko to Host Anime Song Singing Competition – First Qualifier on September 21st, 2024

 Anime lovers and singers, mark your calendars! The much-anticipated Anime Song Competition 2024 is kicking off its qualifying rounds on September 21, 2024, at the Karaoke Manekineko Avenue K outlet, from 12:00 PM to 5:00 PM.

Anime music enthusiasts and karaoke fans are in for a treat as the Anime Song Competition 2024 is officially open for registration. Organized by Karaoke Manekineko and supported by Pepsi, the competition is set to showcase the best anime song performances across several rounds, culminating in a grand finale.

The competition kicks off with the Adult Qualifying Round on:

- 21st September 2024 (Saturday) at Karaoke Manekineko Avenue K, 12PM–5PM.

Other qualifying rounds will take place on:

- 20th October 2024 (Sunday) at Karaoke Manekineko Berjaya Times Square, 12PM–5PM.

- 16th November 2024 (Saturday) at Karaoke Manekineko Bukit Bintang, 12PM–5PM.

The Adult Final will take place on:

- 14th December 2024 (Saturday) at Karaoke Manekineko Berjaya Times Square, 12PM–5PM.

Participants stand a chance to win:

- 1st Prize: RM3000

- 2nd Prize: RM2000

- 3rd Prize: RM1000

- Consolation Prize: RM200

Registration is now open and will close by 6th October 2024. Participants are encouraged to sign up early to secure their spot in this exhilarating competition.

How to Register:

1. Scan the QR code above or click here to access the registration form.

2. Record a 30-second performance of your chosen anime song.

3. Send the video file directly to our mailbox at marketing.karaokemanekineko@gmail.com. Ensure the file size does not exceed 25MB.

4. Include your name when submitting the video.

5. Fill out the registration form with all required information. If you are selected for the qualifying round, we will contact you with further details.

Competition Rules & Regulation

1. Categories: 

Participants aged 13 years and above.

2. Eligibility:

- Open to all Malaysians and foreigners with a valid passport.

3. Performance Requirements:

- Each participant must present a 30-second segment of their chosen anime song and email it to: marketing.karaokemanekineko@gmail.com.

4. Rights and Permissions:

- Karaoke Manekineko reserves all rights related to the competition, including but not limited to the use of recordings, photographs, and videos of participants.

- By participating, candidates agree to be recorded during both the qualifying rounds and the final competition.

- Karaoke Manekineko reserves the right to change, modify, or amend these rules and regulations at any time without prior notice.

5. Song Selection:

- Participants must choose and perform a song related to anime.

Don’t miss this opportunity to belt out your favorite anime tunes and stand a chance to win exciting prizes! Join fellow anime fans and singers for an unforgettable day of music, fun, and friendly competition.

For more information and updates, visit our website or contact us at marketing.karaokemanekineko@gmail.com

About Koshidaka International KL Sdn Bhd

Koshidaka International was incorporated in 2021 at Kuala Lumpur, Malaysia as a full subsidiary of Koshidaka Holdings. The company serves as a management consultancy arm for the Karaoke Manekineko operations in Malaysia, Thailand, and Indonesia. Karaoke Manekineko is a friendly and safe environment for Karaoke that is designed to accommodate a diverse range of customers, from families with young children to groups of friends and corporate teams.

 

This Press Release has also been published on VRITIMES

Ethereum Selling Pressure High, ETH Price Most Crisis Since 2021?

ETH price continues to decline. It is predicted that Ethereum's decline is due to Trump's assassination last week and the Fed's interest rate announcement. Here is a more detailed analysis.

The current condition of Ethereum is considered worrying. The reason is, the ETH price continues to decline even though the prices of other crypto assets are "green". The price of ETH is currently considered the lowest since 2021.

Let's review together what the current condition of the Ethereum price chart is. Analysis of factors that influence the price of Ethereum will also be explained in this article.

Ethereum Decline Factors

Allegedly, the decline in ETH prices was due to the assassination attempt on former US president, Donald Trump, at the Trump International Golf Club in Florida.

This second assassination plot was recorded at the end of last week and affected the prices of BTC and ETH. Quoted from Decrypt, the price of ETH at that time immediately fell by around 4.2% to reach $2,315 on Monday in the European trading session.

Not only was it influenced by the second murder of Trump by the Secret Service, the fall in ETH prices was also due to anticipation of a monetary policy decision by the Fed this weekend. The Fed's decision has made the crypto market a little anxious, especially towards the end of the third quarter of 2024.

The Fed is likely to cut interest rates so that DeFi returns are attractive enough to pay attention to. However, the focus is also on rebuilding the DeFi lending market on the Ethereum mainnet. This could be used as a pump against Ethereum's poor performance price.

ETH Price Keeps Going Down

Currently, the ratio of ETH to BTC pairs is at 0.039. This ratio is considered the lowest since April 2021. This decline in performance was analyzed starting on July 24 because the ETH/BTC pair fell below the ETH price range line between May 21 and July 24.

Please note, the ETH/BTC pair is the price ratio of ETh and BTC. The pair shows how much BTC is needed to buy 1 ETH.

The price of ETH to USDT also experienced a decline. When this article was written on September 17, ETH had decreased by -0.39%. Currently, the price of ETH is $2,307.

It can be seen from the Ethereum price chart above that the ETH RSI indicator is also falling below 50. Ethereum's RSI is at 43.24. This means that the selling pressure on ETH is much greater than the buying trend.

The MACD indicator also reflects something similar. It can be seen how the Ethereum MACD line drops from the boundary line. This makes ETH's bearish trend inevitable.

Conclusion

The ETH price chart is indeed in a sad decline at the moment. However, this does not rule out the possibility that Ethereum could rise because price fluctuations in the crypto ecosystem are commonplace.

You can buy ETH when the price is decreasing like now. However, you must conduct a thorough analysis before investing. You can also learn how to buy ETH.

Bitrue can help you to carry out a detailed analysis of ETH. Bitrue also has an ETH to USD price converter feature to find out exactly how much this crypto asset is worth compared to the current dollar.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

This press release has also been published on VRITIMES