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Espresso Network Launches ESP Token with 10% Airdrop Amid Ethereum Layer-2 Debate

Summary by Coin Desk
The network transitioned to proof-of-stake and coincides with the rollout of the ESP token, which is used for staking, securing the network and protocol participation

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Espresso network launches ESP token with 10% airdrop amid Ethereum layer-2 debate

The network transitioned to proof-of-stake and coincides with the rollout of the ESP token, which is used for staking, securing the network and protocol participation

·New York, United States
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ddaily.co.krddaily.co.kr

The Espresso Foundation Launches Esp Tokens and Converts to Pos

[Digital Daily Reporter Jo Yoon-jung] The Espresso Foundation announced on the 12th that it has launched the ESP token and converted the Espresso Network to a permissionless Proof-of-Stake (PoS) system. The Espresso Network is the first base layer designed for rollups, having confirmed over 65 million blocks across nine integrated chains over the past year. This transition fully opens the network to anyone who wants to participate as a validator…

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ddaily.co.kr broke the news on Thursday, February 12, 2026.
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