FAQs - Eigen Programmatic Rewards

  1. How can I claim Eigen rewards from Kelp? Visit the Claim token section of the Kelp dApp to claim your rewards

  2. How is the distribution of Programmatic Eigen rewards being done? As Eigen’s programmatic rewards work on a weekly cycle, Kelp identifies each user's contribution for the week in consideration and proportionally allocates the tokens to the users. Once the claims on the EigenLayer portal are live, Kelp will claim the tokens and feed them into the Merkle distributor contract. Post this, users can claim their Eigen token from the dApp.

  3. Who is eligible to receive Eigen as part of programmatic rewards? Users who have held rsETH, agETH, or Kelp-supported DeFi positions of rsETH or agETH will be eligible. Since this is a weekly program, positions will be considered every week and the rewards will be calculated accordingly.

  4. Why are the tokens allocated 2% less than what I should receive? Kelp has implemented a 2% buffer on tokens being allocated to users to cover any issues that could arise for users. Every 4-5 weeks, the amount left from this 2% buffer will be redistributed to the users proportionally.

  5. Is there an end date to claim the Eigen token? For programmatic allocation, there is currently no end date for claiming tokens. Kelp will release information on X and Discord if an end date is defined.

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