# Season 1

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## Eigenpie Points Season 1 Overview

### [ Campaign Timeline & Early Rewards](https://blog.eigenpiexyz.io/eigenpies-point-system-and-low-fdv-ido-b75678bad213)

* The exact start date of Season 1 was not announced, but the final snapshot was taken at **12:00 AM UTC on August 15**, marking the end of point accumulation for S1.
* During the **first 15 days** after the campaign launch, all LST deposits earned **double points (2x multiplier)**.

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### [Points Mechanism & Utility](https://blog.eigenpiexyz.io/eigenpies-point-system-and-low-fdv-ido-b75678bad213)

* Users who deposited supported ETH LSTs (Liquid Staking Tokens) on Eigenpie accumulated points.
* **Earning rate:** 1 point per hour per 1 LST held.
* The **final snapshot** for S1 was taken at **12:00 AM UTC on August 15**. After that, any continued accumulation by LRT holders or LPs automatically counted toward **Season 2 (S2)**.

### **Points could be used for:**

* [**EGP Airdrop**](https://blog.eigenpiexyz.io/conclusion-of-eigenpie-points-season-1-and-commencement-of-season-2-3bfe46564647) (10% of total EGP supply)
* [**EGP IDO Allocation**](https://blog.eigenpiexyz.io/the-eigenpie-priority-access-b941821e3f46) (from the 34% private round, S1 users receive 24% of total EGP supply)

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### [EGP Airdrop Distribution](https://blog.eigenpiexyz.io/conclusion-of-eigenpie-points-season-1-and-commencement-of-season-2-3bfe46564647) (Exclusive to S1 Participants)

* **Total airdrop allocation:** 10% of total EGP supply to S1 point holders

**Split into two phases:**

**Phase 1 (on TGE date)**

* Allocation: 6% of total EGP supply
* Basis: Proportional to each user’s share of Season 1 points

**Phase 2 (after S2 ends)**

* Allocation: 4% of total EGP supply
* Eligibility: Only users who earned points in Season 1
* Basis: Proportional to their **combined S1 + S2** point total

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### [EGP IDO Allocation](https://blog.eigenpiexyz.io/the-eigenpie-priority-access-b941821e3f46)

* The 24% share of IDO allocation (from the 34% private round) is distributed **based solely on Season 1 points**.
* Season 1 point holders can use this allocation to purchase EGP at the launch price.

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