---
description: 'Contract address: 0xec53bF9167f50cDEB3Ae105f56099aaaB9061F83'
---

# EIGEN on Tokenlon

The EIGEN token is a universal intersubjective work token designed for EigenLayer, enabling security for various digital tasks that are not just objectively verifiable but also intersubjectively attributable. Unlike traditional work tokens that are tied to one specific digital task or objective faults (verifiable on-chain), EIGEN addresses a broader category of faults where multiple external observers agree on whether the task was performed correctly. This expands the range of tasks that can be securely managed on a blockchain. EIGEN tokens are used for:

* Staking for intersubjective faults on the EigenLayer platform.
* Performing validation tasks across various Actively Validated Services (AVS).
* Incentivizing and penalizing operators based on their performance.

Website: [https://www.eigenlayer.xyz/](https://www.eigenlayer.xyz/)&#x20;

CoinGecko: [https://www.coingecko.com/en/coins/eigenlayer](https://www.coingecko.com/en/coins/eigenlayer)





**Notes**

Digital Assets are highly volatile and unpredictable. Please do your research before trading.



Tokenlon,

2024.10.04
