Eclipse, the innovative SVM Layer 2 on Ethereum, is preparing for its TGE. Look for this really cool event to take place in the next four or five weeks! The Eclipse token hasn’t been launched yet, but the anticipation is through the roof! So today, the development team has decided to take an eligibility snapshot for the airdrop later this week. With this ambitious collaborative endeavor, they seek to combine the security of Ethereum with transactions that are not just faster, but orders of magnitude more scalable.
Understanding Eclipse and Grass
The Eclipse network rewards those that join in with a unique meritocratic economy known as Grass. Users create Grass by depositing or registering any asset onto the network. The net of these tETH, apxETH, SOL, ezSOL, kySOL, jitoSOL, TIA, stTIA, USDC and USDT. The more Grass you had accrued prior to the airdrop, the larger your potential allocation of Eclipse tokens would be. This mechanism naturally incentivizes end-users to begin exploring the Eclipse ecosystem and supporting its growth.
Turbo ETH ($tETH) is at the heart of the Eclipse network. Being a fully synthetic token that closely represents real bridged ETH, the token serves as an efficient means of paying gas fees and completing transactions. This course will prepare you to engage effectively with the network. It gives you the tools you need to be involved in a variety of ways to Eclipse ecosystem. With the addition of $tETH, the experience of users is further improved by offering a highly convenient and efficient way to transact.
Details on the Upcoming Eclipse Token Generation Event
Our Eclipse token generation event (TGE) has been the most highly anticipated event for everyone following the project. While the exact date remains undisclosed, the dev team has indicated that it will occur within the next four to five weeks. This timeline provides some tangible good-faith measures to future potential airdrop recipients. Doing so will allow them to maximize their Grass accumulation and increase their chances of receiving a large allocation of Eclipse tokens. That eligibility snapshot, expected later this week, will represent a key moment in the run-up to that TGE.
As of writing, the Eclipse token (ECP) is trading at $0.00093811 on CoinBrain. As of April 8, 2025 CoinBrain data shows $0.000000002618. It's important to note that this value may not be representative of the token's potential future value after the official TGE and launch. The true value won’t be known until the market decides and we see just how well the Eclipse network fares as a whole.
The Role of Unified Restaking Tokens (URTs)
Unified Restaking Tokens, or URTs, are another central building block within the Eclipse ecosystem. Underneath these new tokens sit restaked assets from 12 different protocols spanning 6 different networks. They provide users opportunities to earn additional staking rewards. Through active participation in URTs, users are able to get the most value for themselves. This engagement not only allows them to increase the security and stability of the Eclipse network.
Eclipse shows its commitment to innovation with the integration of URTs. It’s trying to build the best and most fruitful ecosystem for all of its users. In order to bring in a larger audience, Eclipse makes use of the unique potential that restaking brings. This approach encourages deeper engagement from everyone on its circuit. Eclipse is an always evolving, always forward thinking project that is always trying to find new ways to improve the user experience. By taking this creative approach, it provides incredible value to its community.
