We are introducing the Eigen Foundation, EIGEN token, and the Season 1 stakedrop. The stakedrop is an airdrop designed for EIGEN staking. In Season 1, EIGEN will be initially non-transferable, aiming to cultivate social consensus and resilience around its novel staking and forking features. The EIGEN token represents a new coordination mechanism that accelerates EigenLayer and Ethereum toward a shared mission of maximizing open innovation.