# Eigenpie

**URL:** https://gov.magpiexyz.io/c/eigenpie/31.md

[Latest](https://gov.magpiexyz.io/latest.md) · [Categories](https://gov.magpiexyz.io/categories.md) · [Tags](https://gov.magpiexyz.io/tags.md)

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## [About the Eigenpie category](https://gov.magpiexyz.io/t/about-the-eigenpie-category/432)

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**Author:** [@Desmen](https://gov.magpiexyz.io/u/Desmen)\
**Replies:** 0\
**Last updated:** [November 12, 2024, 2:54pm UTC](https://gov.magpiexyz.io/t/about-the-eigenpie-category/432 "2024-11-12T14:54:42Z")

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Eigenpie is a Magpie SubDAO that enhances Ethereum security and yield through liquid restaking on EigenLayer.

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## [\[EIP #3\] - Reduction of vlEGP Rewards Buyback Threshold from 50% to 30% APR](https://gov.magpiexyz.io/t/eip-3-reduction-of-vlegp-rewards-buyback-threshold-from-50-to-30-apr/750)

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**Author:** [@Lego](https://gov.magpiexyz.io/u/Lego)\
**Replies:** 2\
**Last updated:** [December 22, 2025, 8:27pm UTC](https://gov.magpiexyz.io/t/eip-3-reduction-of-vlegp-rewards-buyback-threshold-from-50-to-30-apr/750 "2025-12-22T20:27:25Z")

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Abstract This follow-up proposal builds on the existing monthly reward adjustment and buyback mechanism by lowering the APR threshold that triggers excess reward reallocation from 50% to 30%. Rewards in EIGEN and USDT wi…

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## [\[EIP #2\] - Monthly Adjustment of vlEGP Reward Distribution to Maintain 50% APR and Fund Automated EGP Buybacks](https://gov.magpiexyz.io/t/eip-2-monthly-adjustment-of-vlegp-reward-distribution-to-maintain-50-apr-and-fund-automated-egp-buybacks/718)

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**Author:** [@Juapia-Magpie](https://gov.magpiexyz.io/u/Juapia-Magpie)\
**Replies:** 0\
**Last updated:** [July 25, 2025, 1:55am UTC](https://gov.magpiexyz.io/t/eip-2-monthly-adjustment-of-vlegp-reward-distribution-to-maintain-50-apr-and-fund-automated-egp-buybacks/718 "2025-07-25T01:55:50Z")

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Abstract This proposal, driven by community demand, adjusts the reward distribution for vlEGP (locked EGP) to maintain a consistent 50% Annual Percentage Rate (APR) through monthly evaluations. Monthly rewards, distribut…

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## [\[EIP #01\] - (Updated) Reallocation of vlEGP Streaming Rewards to EGP Buybacks](https://gov.magpiexyz.io/t/eip-01-updated-reallocation-of-vlegp-streaming-rewards-to-egp-buybacks/475)

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**Author:** [@Desmen](https://gov.magpiexyz.io/u/Desmen)\
**Replies:** 0\
**Last updated:** [December 18, 2024, 5:20pm UTC](https://gov.magpiexyz.io/t/eip-01-updated-reallocation-of-vlegp-streaming-rewards-to-egp-buybacks/475 "2024-12-18T17:20:56Z")

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Abstract This proposal recommends allocating 20% of vlEGP streaming rewards towards EGP token buybacks during a 3-month trial period. The objective is to support the EGP token price while enabling strategic initiatives s…

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## [\[EIP #01\] - Reallocation of vlEGP Streaming Rewards to EGP Buybacks](https://gov.magpiexyz.io/t/eip-01-reallocation-of-vlegp-streaming-rewards-to-egp-buybacks/472)

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**Author:** [@Desmen](https://gov.magpiexyz.io/u/Desmen)\
**Replies:** 0\
**Last updated:** [December 8, 2024, 10:37pm UTC](https://gov.magpiexyz.io/t/eip-01-reallocation-of-vlegp-streaming-rewards-to-egp-buybacks/472 "2024-12-08T22:37:13Z")

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Abstract This proposal aims to redirect 50% of vlEGP streaming rewards towards EGP token buybacks. The primary purpose of these buybacks is to support the EGP token price while enabling strategic initiatives such as ecos…