November 11, 2019 EIDOS airdrop induced EOS congestion, claims Coinbase.

Coinbase, a digital currency exchange, claims that EIDOS’s airdrop distribution strategy has caused the EOS network to enter a congestion mode that limits a users total broadcastable transactions, impairing normal users’ ability to get transactions processed. Specifically, Coinbase observes that 95% of all EOS transfer actions are related to the EIDOS contract: those holding at least 0.0001 EOS can repeatedly transfer it to the EIDOS contract, receive EIDOS tokens, then are refunded the transferred EOS. With exchanges offering EIDOS/USDT trading pairs, parties have flooded the EOS network with transactions acquiring or trading the airdropped EIDOS.