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We're excited to announce that our latest IDO project, Eigenpie (EGP), is now live!

[Find Out More]<https://www.bybit.com/en/web3/ido/detail/30050>

• Total Allocated to Bybit IDO: 166667 EGP (1.67% of the total max supply)

Eigenpie is a SubDAO developed by Magpie to deliver Liquid Restaking services by leveraging the technology of EigenLayer. The main focus of Eigenpie is to maximize passive income opportunities while contributing to the long-term development of the Ethereum ecosystem. On Eigenpie, participants are provided with the chance to deposit their ETH and  LSTs to receive a liquid restaked version of their tokens. Through this restaked version of their assets, users can effectively add another layer of yield to their ETH positions, hence gaining more flexibility and increasing their capital efficiency.

[WebSite](https://www.eigenlayer.magpiexyz.io/restake) | [WhitePaper](https://docs.eigenpiexyz.io/) | [Twitter](https://x.com/Eigenpiexyz_io) | [Discord](https://discord.com/invite/magpiexyz)

Sep 18, 2024, 10:00AM UTC to Sep 25, 2024, 10:00AM UTC

Check out our [IDO 2.0 Help Center Tutorial](https://www.bybit.com/en/help-center/article/How-to-Participate-in-Bybit-Web3-IDO-2-0) to find out how to increase your chances of winning.

Smart contracts will randomly select 1000 winners who subscribed for the IDO.

Sep 25, 2024, 10:00AM UTC to Sep 26, 2024, 10:00AM UTC

During this period, participants can reveal whether they have won a winning ticket. Once the winning tickets have been revealed, users will be able to purchase 100 USDT worth of tokens.

• FCFS Round (First Come, First Serve): 

If your IDO score fits (e.g., T3, T4, T5 range), you will have a chance to participate in the IDO FCFS round to purchase the remaining IDO token quota.

To learn more about Bybit Web3 IDO, please check out our [Help Center](https://www.bybit.com/en-US/help-center/bybitHC_Article?language=en_US&id=000001891).

1. Identity Verification Lv. 1 is not required for participation.

2. Subaccounts are not eligible for IDO participation.

3. To ensure an optimal Web3 experience on the Bybit App, please upgrade your App to version 4.9.0 or higher.

4. To redeem allocated IDO tokens, participants will need to pay blockchain gas fees which may vary due to network conditions, and redemption will fail if there are insufficient funds.

5. Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent, or harmful purposes.

6. Bybit reserves the right of the final interpretation of this event. If you have any questions, please contact our Customer Support.

Now Live : Eigenpie (EGP) on Bybit Web3 IDO

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