Restaking
506,262 views
212 Discussing
Hot
Latest
$BOUNCE(BB) -@BounceBit
#Binance
#BRC20/Restaking Narrative
BounceBit is the world's first native $BTC restaking chain, ensuring security by staking both BTC and #BounceBit tokens.
The Proof-of-Stake (#PoS ) mechanism merges native $BTC security with complete EVM compatibility.
BounceBit introduces parallel yield generation from both #CeFi and #DeFi . Users can earn CeFi yield while #restaking BTC with LSD for on-chain farming.
This ecosystem provides three types of yield for Bitcoin holder's CeFi yield, node operation rewards, and opportunity yield from on-chain applications and the Bounce Launchpad.
#Binance
#BRC20/Restaking Narrative
BounceBit is the world's first native $BTC restaking chain, ensuring security by staking both BTC and #BounceBit tokens.
The Proof-of-Stake (#PoS ) mechanism merges native $BTC security with complete EVM compatibility.
BounceBit introduces parallel yield generation from both #CeFi and #DeFi . Users can earn CeFi yield while #restaking BTC with LSD for on-chain farming.
This ecosystem provides three types of yield for Bitcoin holder's CeFi yield, node operation rewards, and opportunity yield from on-chain applications and the Bounce Launchpad.
See original
The road to a billion has been completed, the token is about to be launched, and the new restaking Kelp DAO is explained in detail
· “Road to a Billion” goal completed
· Restsaking & EigenLayer
Kelp DAO Overview
$KEP Introduction
$KELP (governance token) planning
Kelp DAO Advantages
Exchange expectations
Kelp DAO future plans
Web3 is developing rapidly, and new narratives are emerging one after another. The development of the DeFi track is also diverse, with various forms of innovation emerging, constantly pushing the development of blockchain finance to new heights. With the approval of the Ethereum spot ETF and EigenLayer’s announcement of the upcoming launch of governance tokens, among all these advances, there is a story that opens the door to Ethereum’s next major DeFi sector - Liquid Restaking.
· Restsaking & EigenLayer
Kelp DAO Overview
$KEP Introduction
$KELP (governance token) planning
Kelp DAO Advantages
Exchange expectations
Kelp DAO future plans
Web3 is developing rapidly, and new narratives are emerging one after another. The development of the DeFi track is also diverse, with various forms of innovation emerging, constantly pushing the development of blockchain finance to new heights. With the approval of the Ethereum spot ETF and EigenLayer’s announcement of the upcoming launch of governance tokens, among all these advances, there is a story that opens the door to Ethereum’s next major DeFi sector - Liquid Restaking.
See original
The incentive method of the #restaking track is to continuously stack leverage through $ETH native assets, #LRT pledged assets, and re-pledged platform points, and use points airdrops + multiple incentives to squeeze liquidity.
Now the entire restaking is in a state of internal circulation. Retail investors who want to participate in depth are advised to think about a few questions:
1. How does the Restaking platform work?
2. What is the key to supporting the continued healthy operation of the Restaking system?
3. How to reduce the underlying risk after the number of participants increases?
Now the entire restaking is in a state of internal circulation. Retail investors who want to participate in depth are advised to think about a few questions:
1. How does the Restaking platform work?
2. What is the key to supporting the continued healthy operation of the Restaking system?
3. How to reduce the underlying risk after the number of participants increases?
See original
Bedrock security incident_Post-mortem analysis
Bedrock announced yesterday that its uniBTC smart contract vulnerability was exploited by attackers, which affected its liquidity pool on Uniswap. The vulnerability is now under control.
For those who don’t know Bedrock yet, you can read my article: 再質押協議Bedrock基本介紹&空投教程
The following is the relevant information I compiled about this security incident:
1. The assets exploited by the attacker are in the Uniswap liquidity pool, and the total affected assets are approximately US$2 million.
2. The cause of the vulnerability is a code problem that allows attackers to use native BTC to mint uniBTC.
For those who don’t know Bedrock yet, you can read my article: 再質押協議Bedrock基本介紹&空投教程
The following is the relevant information I compiled about this security incident:
1. The assets exploited by the attacker are in the Uniswap liquidity pool, and the total affected assets are approximately US$2 million.
2. The cause of the vulnerability is a code problem that allows attackers to use native BTC to mint uniBTC.
📢 AutoLayer has integrated with Balancer on Arbitrum.
AutoLayer is the premier Liquid Restaking Tokens (LRT) Finance app on Arbitrum. Harness the potential of @eigenlayer by restaking into various LRT/LST options with just one click while conserving and compounding your yields effortlessly.
Balancer is an Ethereum-based Automated Market Maker protocol that functions as a decentralized exchange and a “self-balancing” portfolio management tool. Balancer's AMM provides traders with liquidity for their ERC-20 tokens.
Users can now effortlessly provide liquidity to LRT Pools on Balancer with just one click.
#restaking #bitcoinhalving #LRT #Sponsored #DYOR #NFA
AutoLayer is the premier Liquid Restaking Tokens (LRT) Finance app on Arbitrum. Harness the potential of @eigenlayer by restaking into various LRT/LST options with just one click while conserving and compounding your yields effortlessly.
Balancer is an Ethereum-based Automated Market Maker protocol that functions as a decentralized exchange and a “self-balancing” portfolio management tool. Balancer's AMM provides traders with liquidity for their ERC-20 tokens.
Users can now effortlessly provide liquidity to LRT Pools on Balancer with just one click.
#restaking #bitcoinhalving #LRT #Sponsored #DYOR #NFA
Make use of $ETH at Renzo protocol and Mode Network
1. Buy ETH from Binance. Preferably 1ETH.
P.S: For Hedging ETH, please read my article: LST restaking with hedge
2. Send ETH to metamask wallet. Make sure you keep your private key. Select Arbitrum Network, not Ethereum.
3. Login to Renzo protocol.
https://app.renzoprotocol.com/?ref=0x7c5e7eb34b0c379d0052bed95c3c0162ed65c9e8
4. Restake 0.97ETH on Arbitrum Network if you bought 1ETH. Remember left at least 0.02ETH. Make sure you select Arbitrum Network (not linea, not ethereum).
5. After restake, you receive ezETH equivalent of 0.97ETH.
6. Login to
https://ref.mode.network/pstl0o
Referral code: pstl0o
7. Login to
https://bridge.connext.network/EZETH-from-arbitrum-to-mode?amount=1
8. Bridge all ezETH and 0.01ETH from Arbitrum to MODE.
Complete.
Reason of bridge 0.01ETH to MODE: You need gas fee to bring back your ezETH from MODE to Arbitrum or other network.
#Write2Earn #restaking #Ethereum(ETH) #Mode #RenzoProtocol
1. Buy ETH from Binance. Preferably 1ETH.
P.S: For Hedging ETH, please read my article: LST restaking with hedge
2. Send ETH to metamask wallet. Make sure you keep your private key. Select Arbitrum Network, not Ethereum.
3. Login to Renzo protocol.
https://app.renzoprotocol.com/?ref=0x7c5e7eb34b0c379d0052bed95c3c0162ed65c9e8
4. Restake 0.97ETH on Arbitrum Network if you bought 1ETH. Remember left at least 0.02ETH. Make sure you select Arbitrum Network (not linea, not ethereum).
5. After restake, you receive ezETH equivalent of 0.97ETH.
6. Login to
https://ref.mode.network/pstl0o
Referral code: pstl0o
7. Login to
https://bridge.connext.network/EZETH-from-arbitrum-to-mode?amount=1
8. Bridge all ezETH and 0.01ETH from Arbitrum to MODE.
Complete.
Reason of bridge 0.01ETH to MODE: You need gas fee to bring back your ezETH from MODE to Arbitrum or other network.
#Write2Earn #restaking #Ethereum(ETH) #Mode #RenzoProtocol
See original
@GalxeDAO announced its Layer-1 blockchain designed for mass adoption and a full-chain future, Gravity, calling it the Magnet Chain of web3.
The official website shows that Gravity abstracts the technical complexity of multi-chain interactions by integrating advanced technologies such as zero-knowledge proofs, state-of-the-art consensus mechanisms, and re-staking-driven architectures to ensure high performance, enhanced security, and cost efficiency.
The GRAVITY ALPHA mainnet is expected to be launched in the second quarter of 2024. Gravity Alpha Mainnet is an Ethereum rollup powered by the Arbitrum Nitro stack.
The GRAVITY mainnet will be launched in the second quarter of 2025. Gravity's mainnet is a PoS layer 1 driven by re-staking. Gravity will also integrate Reth as its EVM execution engine.
$GAL #restaking #3friends
The official website shows that Gravity abstracts the technical complexity of multi-chain interactions by integrating advanced technologies such as zero-knowledge proofs, state-of-the-art consensus mechanisms, and re-staking-driven architectures to ensure high performance, enhanced security, and cost efficiency.
The GRAVITY ALPHA mainnet is expected to be launched in the second quarter of 2024. Gravity Alpha Mainnet is an Ethereum rollup powered by the Arbitrum Nitro stack.
The GRAVITY mainnet will be launched in the second quarter of 2025. Gravity's mainnet is a PoS layer 1 driven by re-staking. Gravity will also integrate Reth as its EVM execution engine.
$GAL #restaking #3friends
See original
What is the future trend of Ethereum? Although the ETF was unexpectedly approved, trading has not yet started. There is no final conclusion on whether ETH is a security, which determines that spot ETFs cannot be pledged. Even if they can be pledged, they will inevitably face a complex regulatory rule-making cycle.
However, the mechanism of ETH #POS has spawned a booming Defi ecosystem, Defi2.0, LRT, #restaking ... Behind all this, the cryptocurrency standard can obtain more benefits, and if the ETF cannot be pledged, it will naturally lose this part of the benefits.
Cathie Wood also said that the $ETH ETF application was approved because cryptocurrency is an election issue. Cryptocurrency has now become an issue in the US election, which is why the key documents of the proposed ETH exchange-traded fund #ETF were suddenly and unexpectedly approved.
So the real bull of ETH may still be a bit far away.
#3friends
However, the mechanism of ETH #POS has spawned a booming Defi ecosystem, Defi2.0, LRT, #restaking ... Behind all this, the cryptocurrency standard can obtain more benefits, and if the ETF cannot be pledged, it will naturally lose this part of the benefits.
Cathie Wood also said that the $ETH ETF application was approved because cryptocurrency is an election issue. Cryptocurrency has now become an issue in the US election, which is why the key documents of the proposed ETH exchange-traded fund #ETF were suddenly and unexpectedly approved.
So the real bull of ETH may still be a bit far away.
#3friends
分析师舒琴
--
The giant whale takes action! ALT takes off!
A certain smart money has been selling Sushi and other tokens to increase its ALT position in the past few days, adding hundreds of thousands of ALT each time.
In fact, not only this one, but several others are adding positions. Benqin told everyone about this more than a week ago, and also told everyone on the program.
Now he has broken through the previous high and started to take off!
When will you get it? Whenever the smart money in Ethereum runs, then I will run away. Pay more attention to the smart money on the chain, and there will be big meat to eat! 🐰
If you are already profitable, you can stop some profits, allocate some funds, and make tomorrow's PIXEL and another potential currency.
A certain smart money has been selling Sushi and other tokens to increase its ALT position in the past few days, adding hundreds of thousands of ALT each time.
In fact, not only this one, but several others are adding positions. Benqin told everyone about this more than a week ago, and also told everyone on the program.
Now he has broken through the previous high and started to take off!
When will you get it? Whenever the smart money in Ethereum runs, then I will run away. Pay more attention to the smart money on the chain, and there will be big meat to eat! 🐰
If you are already profitable, you can stop some profits, allocate some funds, and make tomorrow's PIXEL and another potential currency.
Restaking. What is Restaking cryptocurrency and how to make money from it?
restaking
In this article, you will learn:
➔ What’s Restaking?
➔ Why’s it Useful?
➔ Types of Restaking
➔ The Risks
➔ How do I place my tokens in the restaking?
What’s Restaking?
Restaking is a concept first introduced by the XBANKING project — this is the first project to develop this idea and produce products related to it. The idea of Restaking is to re-stake liquid staked tokens to provide security and make it possible for stakers (users) to receive rewards.
Restaking is a new concept in the world of cryptocurrency security that enables you to use your Ethereum (ETH), The Open Network (TON), Solana (SOL) and others more than once at the consensus layer. For instance, if you’re staking your Ethereum directly or using a liquid staking token (LST), you can opt to use a service like XBANKING to earn additional rewards on your stake. up to 12% APR.
XBANKING is a restaking marketplace that allows you to deposit your LSTs into different pools that support various applications and services on the Ethereum ecosystem. By doing so, you are not only earning staking rewards from your LSTs, but also restaking rewards from the pools you join.
The idea behind restaking is to leverage the security and trust of Ethereum’s validators and staked tokens to benefit smaller and newer networks that need more protection from attacks or failures. By restaking your ETH or LSTs, you are effectively lending your stake to these networks and protocols, and helping them achieve higher security and decentralization.
Why’s it Useful?
Ethereum Proof-of-Stake (PoS) is a system that uses its own token, ETH to secure itself Every validator has to prove that it has a “stake” in the system You can also think of stake as the “trust” placed to secure the network, the higher the stake, the higher the trust.
It’s like when you trust a girl so you give her a lot of money ̶t̶h̶e̶n̶ ̶o̶n̶e̶ ̶d̶a̶y̶ ̶s̶h̶e̶ ̶d̶i̶s̶a̶p̶p̶e̶a̶r̶s̶ ̶w̶i̶t̶h̶ ̶y̶o̶u̶r̶ ̶m̶o̶n̶e̶y̶ Anyhow, ETH staked on Ethereum has been increasing at a rapid pace, from 2.5m ETH in Jan 2021 to 34.5m ETH in the present.
What this means is that there’s a lot of ETH and a lot of trust to secure the network Then one day XBANKING came along and be like “why don’t we take some of these trust and share it with other smaller networks & applications This is called “Restaking”.
Restaking presents an opportunity for these smaller networks “Actively Validated Services (AVS)” to borrow the trust to secure their platform XBANKING acts as a Decentralized Trust Marketplace that gets a cut of the fees on the rewards that flow from the AVS to Restaker.
The liquid staking tokens Ethereum (stETH), The Open Network (tsTON, stTON, wsTON, hTON, Solana (JitoSOL) are now available for restacking on the https://xbanking.org platform.
Types of Restaking
There are 3 main types of restaking — Native, Liquid, and Superfluid 𝐍𝐚𝐭𝐢𝐯𝐞 MAV 𝐑𝐞𝐬𝐭𝐚𝐤𝐢𝐧𝐠 — Validators natively restaked their ETH on the Beacon Chain to XBANKING.
𝐋𝐢𝐪𝐮𝐢𝐝 𝐑𝐞𝐬𝐭𝐚𝐤𝐢𝐧𝐠 — Liquid Staking Token (LST) holders restake their LSTs to XBANKING smart contract directly on XBANKING front-end Native Restaking is operationally more difficult to operate vs Liquid Restaking as it requires operating Ethereum Validator Node
Native MAV Restaking is operationally more difficult to operate vs Liquid Restaking as it requires operating Ethereum Validator Node.
Liquid Restaking protocols (LRT) flow is as follows User deposits an LST token on LRT platform ➙ The LRT protocol takes the LST and restake on XBANKING ➙ LRT protocol offers a derivative liquid restaking token Similar to how Lido gives stETH in exchange for ETH.
The Risks
𝐓𝐡𝐞 𝐑𝐢𝐬𝐤𝐬 𝐔𝐧𝐢𝐧𝐭𝐞𝐧𝐭𝐢𝐨𝐧𝐚𝐥 𝐒𝐥𝐚𝐬𝐡𝐢𝐧𝐠 — There could be a risk of mistakenly slashed due to an accident or a smart contract error Given the nature of extending Ethereum’s trust to other networks, the risk of unintentional slashing is higher
𝐎𝐩𝐞𝐫𝐚𝐭𝐨𝐫 𝐂𝐨𝐥𝐥𝐮𝐬𝐢𝐨𝐧 — operators (validators) colluding to use the same restaked ETH to secure & take control of multiple networks The operators could potentially attempt an attack to take control of the TVL on these networks.
𝐂𝐞𝐧𝐭𝐫𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 — potential risk of computationally-capable validators dominating the restaking space in various networks, Since large computational resources & operational costs are needed to participate effectively in specific modules.
How do I place my tokens in the restaking?
Go to https://xbanking.org.Click “launch app”.Select token (liquid staking token (stETH, wsTON, JitoSOL, tsTON or other), connect wallet, stake!.Done!
Links:
Restaking: https://xbanking.org
#restaking #staking
In this article, you will learn:
➔ What’s Restaking?
➔ Why’s it Useful?
➔ Types of Restaking
➔ The Risks
➔ How do I place my tokens in the restaking?
What’s Restaking?
Restaking is a concept first introduced by the XBANKING project — this is the first project to develop this idea and produce products related to it. The idea of Restaking is to re-stake liquid staked tokens to provide security and make it possible for stakers (users) to receive rewards.
Restaking is a new concept in the world of cryptocurrency security that enables you to use your Ethereum (ETH), The Open Network (TON), Solana (SOL) and others more than once at the consensus layer. For instance, if you’re staking your Ethereum directly or using a liquid staking token (LST), you can opt to use a service like XBANKING to earn additional rewards on your stake. up to 12% APR.
XBANKING is a restaking marketplace that allows you to deposit your LSTs into different pools that support various applications and services on the Ethereum ecosystem. By doing so, you are not only earning staking rewards from your LSTs, but also restaking rewards from the pools you join.
The idea behind restaking is to leverage the security and trust of Ethereum’s validators and staked tokens to benefit smaller and newer networks that need more protection from attacks or failures. By restaking your ETH or LSTs, you are effectively lending your stake to these networks and protocols, and helping them achieve higher security and decentralization.
Why’s it Useful?
Ethereum Proof-of-Stake (PoS) is a system that uses its own token, ETH to secure itself Every validator has to prove that it has a “stake” in the system You can also think of stake as the “trust” placed to secure the network, the higher the stake, the higher the trust.
It’s like when you trust a girl so you give her a lot of money ̶t̶h̶e̶n̶ ̶o̶n̶e̶ ̶d̶a̶y̶ ̶s̶h̶e̶ ̶d̶i̶s̶a̶p̶p̶e̶a̶r̶s̶ ̶w̶i̶t̶h̶ ̶y̶o̶u̶r̶ ̶m̶o̶n̶e̶y̶ Anyhow, ETH staked on Ethereum has been increasing at a rapid pace, from 2.5m ETH in Jan 2021 to 34.5m ETH in the present.
What this means is that there’s a lot of ETH and a lot of trust to secure the network Then one day XBANKING came along and be like “why don’t we take some of these trust and share it with other smaller networks & applications This is called “Restaking”.
Restaking presents an opportunity for these smaller networks “Actively Validated Services (AVS)” to borrow the trust to secure their platform XBANKING acts as a Decentralized Trust Marketplace that gets a cut of the fees on the rewards that flow from the AVS to Restaker.
The liquid staking tokens Ethereum (stETH), The Open Network (tsTON, stTON, wsTON, hTON, Solana (JitoSOL) are now available for restacking on the https://xbanking.org platform.
Types of Restaking
There are 3 main types of restaking — Native, Liquid, and Superfluid 𝐍𝐚𝐭𝐢𝐯𝐞 MAV 𝐑𝐞𝐬𝐭𝐚𝐤𝐢𝐧𝐠 — Validators natively restaked their ETH on the Beacon Chain to XBANKING.
𝐋𝐢𝐪𝐮𝐢𝐝 𝐑𝐞𝐬𝐭𝐚𝐤𝐢𝐧𝐠 — Liquid Staking Token (LST) holders restake their LSTs to XBANKING smart contract directly on XBANKING front-end Native Restaking is operationally more difficult to operate vs Liquid Restaking as it requires operating Ethereum Validator Node
Native MAV Restaking is operationally more difficult to operate vs Liquid Restaking as it requires operating Ethereum Validator Node.
Liquid Restaking protocols (LRT) flow is as follows User deposits an LST token on LRT platform ➙ The LRT protocol takes the LST and restake on XBANKING ➙ LRT protocol offers a derivative liquid restaking token Similar to how Lido gives stETH in exchange for ETH.
The Risks
𝐓𝐡𝐞 𝐑𝐢𝐬𝐤𝐬 𝐔𝐧𝐢𝐧𝐭𝐞𝐧𝐭𝐢𝐨𝐧𝐚𝐥 𝐒𝐥𝐚𝐬𝐡𝐢𝐧𝐠 — There could be a risk of mistakenly slashed due to an accident or a smart contract error Given the nature of extending Ethereum’s trust to other networks, the risk of unintentional slashing is higher
𝐎𝐩𝐞𝐫𝐚𝐭𝐨𝐫 𝐂𝐨𝐥𝐥𝐮𝐬𝐢𝐨𝐧 — operators (validators) colluding to use the same restaked ETH to secure & take control of multiple networks The operators could potentially attempt an attack to take control of the TVL on these networks.
𝐂𝐞𝐧𝐭𝐫𝐚𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 — potential risk of computationally-capable validators dominating the restaking space in various networks, Since large computational resources & operational costs are needed to participate effectively in specific modules.
How do I place my tokens in the restaking?
Go to https://xbanking.org.Click “launch app”.Select token (liquid staking token (stETH, wsTON, JitoSOL, tsTON or other), connect wallet, stake!.Done!
Links:
Restaking: https://xbanking.org
#restaking #staking
See original
Recently, #restaking The new track star Eigenpie came out with a new event
Not only do you get points, you also get an IDO quota
I personally don't have the desire to participate.
1. eigenpie itself, like @RenzoProtocol @EtherFi @KelpDAO these third-party pledge platforms, although you can get eigenpie points and @eigenlayer points, but it is not directly interactive with the #EigenLayer official website, it is easy to miss future airdrops.
2. @Eigenpiexyz_io behind is @magpiexyz_io, it is a cross-chain #DeFi income platform that has built multiple #SubDAO (income pools), and now this eigenpie is a newly built #SubDAO. The previous SubDAO has also issued coins, which have performed mediocre. So this #IDO quota is not attractive.
For more details, please visit: https://foresightnews.pro/article/detail/52120
Not only do you get points, you also get an IDO quota
I personally don't have the desire to participate.
1. eigenpie itself, like @RenzoProtocol @EtherFi @KelpDAO these third-party pledge platforms, although you can get eigenpie points and @eigenlayer points, but it is not directly interactive with the #EigenLayer official website, it is easy to miss future airdrops.
2. @Eigenpiexyz_io behind is @magpiexyz_io, it is a cross-chain #DeFi income platform that has built multiple #SubDAO (income pools), and now this eigenpie is a newly built #SubDAO. The previous SubDAO has also issued coins, which have performed mediocre. So this #IDO quota is not attractive.
For more details, please visit: https://foresightnews.pro/article/detail/52120
How did ( $BB ) BounceBit Create a Restaking Revenue Loop for $BTC Native Assets?
The article explores the way to create a parallel #POS chain with BounceBit, which combines #Ethereum's secure consensus innovation and compliance with CeFi platform partnerships to provide diversified #restaking revenue models for BTC asset holders, aiming to overcome the lack of revenue for BTC in its native POW environment.
Mar 08, 2024
The article explores the way to create a parallel #POS chain with BounceBit, which combines #Ethereum's secure consensus innovation and compliance with CeFi platform partnerships to provide diversified #restaking revenue models for BTC asset holders, aiming to overcome the lack of revenue for BTC in its native POW environment.
Mar 08, 2024
See original
Update #EigenLayer Participation Guide:
From 4 a.m. on February 6 to 4 a.m. on February 10, for four days, Eigenlayer will reopen staking, and there will be no upper limit for each pool.
Due to the official new rules, remember not to rush into a pool where ETH’s TVL ratio is higher than 33%, otherwise your points will be reduced. Details need to wait for further official announcement.
Among them, I personally recommend using Swell's swETH, because you can earn Swell pearls, interact directly with Eigenlayer, and generally get all potential airdrops.
The tutorial is as follows:
1. Go to swell official website and pledge Eth into swETH.
https://app.swellnetwork.io/?ref=0x960ad8f566b482a91714657e21e1bf5111ebc823
2. Log in to the eigenlayer official website, connect to Little Fox, select SwellStaked Ether, go in and stake at 4 am on February 6th
https://app.eigenlayer.xyz
3. Personally, I recommend that the starting amount be more than 1e, which means the pledge amount of a single address should be higher than 1swETH.
PS: There is still time, it is recommended to prepare swETH with low Gas.
#restaking #altcoins
From 4 a.m. on February 6 to 4 a.m. on February 10, for four days, Eigenlayer will reopen staking, and there will be no upper limit for each pool.
Due to the official new rules, remember not to rush into a pool where ETH’s TVL ratio is higher than 33%, otherwise your points will be reduced. Details need to wait for further official announcement.
Among them, I personally recommend using Swell's swETH, because you can earn Swell pearls, interact directly with Eigenlayer, and generally get all potential airdrops.
The tutorial is as follows:
1. Go to swell official website and pledge Eth into swETH.
https://app.swellnetwork.io/?ref=0x960ad8f566b482a91714657e21e1bf5111ebc823
2. Log in to the eigenlayer official website, connect to Little Fox, select SwellStaked Ether, go in and stake at 4 am on February 6th
https://app.eigenlayer.xyz
3. Personally, I recommend that the starting amount be more than 1e, which means the pledge amount of a single address should be higher than 1swETH.
PS: There is still time, it is recommended to prepare swETH with low Gas.
#restaking #altcoins
See original
Recently eth/btc has reached a new low. Is it uncomfortable to hold ETH? Don't miss the underrated treasure item in Restaking War - Renzo.
Let me give a long introduction to a restaking target that is currently undervalued - Renzo. Although some people have mentioned it in the Chinese-speaking circle, Brother Lion is sure that I have done a lot of in-depth research and will share it with you.
Brother Lion previously recommended two projects for staking ETH, one is Blast and the other is Manta, but now they have passed the time of maximizing investment value. How can ETH get the best returns currently? In fact, I found that people in the Chinese-speaking community are much more low-key about Restaking compared to the enthusiasm among foreigners. Here is a little more nonsense to introduce the core of the Restaking track: @eigenlayer
All-star vc and huge financing
This is their official introduction:
“EigenLayer is an Ethereum-based protocol that introduces restaking, a new primitive in cryptoeconomic security. This primitive makes it possible to restake ETH on the consensus layer. Users who stake ETH can Opt-in to the EigenLayer smart contract to re-stake your ETH and extend crypto-economic security to other applications on the network. Part of the potential of EigenLayer lies in its ability to aggregate and extend crypto-economic security through re-staking and verify that on Ethereum New applications built on top."
Too long to watch version:
Come and re-stake your ETH and I will give you the money -- in terms of importance, it can be one of the biggest narratives in the future of Ethereum.
You can see that they have raised US$54.5 million in the first two rounds, and it is said that they will raise more. The valuation of their investment in OTC has reached US$3 billion.
(Personally, I feel that once the coin comes out, it will be basically confirmed by all the first-line exchanges. Based on this valuation, it may directly enter the top 20 crypto market capitalization)
Revolving around this big fish, a number of vote-buying projects have appeared on the market, all with the purpose of allowing everyone to better obtain eigenlayer points through retake eth. For example @swellnetworkio @kelporg @ether_fi etc. You can directly go to the eigen website to deposit eth, but this will lose the opportunity to eat more than one fish, so it is best to deposit through some projects, so that you can get their own tokens and eigen's future tokens.
But unfortunately, the time when foreigners are crazy about Swell pearls happens to be the same time when the Chinese currency circle is crazy about making inscriptions on various chains, so it is too late to participate in Swell and other projects.
At present, Brother Lion’s suggestion is to use a relatively new protocol, which is @RenzoProtocol Eigenlayer’s own ecological project.
Portal: https://app.renzoprotocol.com/retake?ref=0x00326e37cef76788f6b0cf643c94481d60bd3d58
The reason is simple: not long after it started, it was still giving triple mining acceleration to newcomers, and did not announce the financing and team background, so the whales were afraid.
What Renzo does is the Convex layer on Eigenlayer, which helps users stake their ETH in a reasonable selection of ecological projects to obtain additional security. From a security perspective, all funds are pledged on ETH. The biggest loss is the Slash caused by the ecological project Rug. From a revenue perspective, it is equivalent to the annualized ETH pledge, Eigenlayer airdrop, Renzo airdrop and triple mining. In theory, APY will be exaggerated.
Here comes the focus of this article, the information and benefits shared by fans in the Big Lion Brother community:
At present, Renzo’s financing background cannot be found in the outside world. Unlike Swell and Kelp, who know which team is there, many big funds are still afraid to rush in. In addition, they came out late, so their TVL is currently only 22M. Just one-20th of the leader Swell.
After doing in-depth research, Brother Big Lion discovered that behind the Renzo team is a well-known DeFi team in the last DeFi bull market, and it does not come from nowhere. They have also received good institutional investment, but it is not yet time to announce it. So I would suggest everyone to collect the points before disclosing it. After all, points are divided among everyone. The greater the amount of funds entered, the smaller the points will be.
The operation is very simple. After entering through the portal, link the wallet in the upper right corner, select the ETH you want to invest, click Confirm to get ezETH, and then you can lie down and wait for your eigenlayer score and renzo score to increase every day. These points will be converted into tokens for you in the future.
Pledge interface
I estimate that Renzo will launch its currency in March. As for the eth pledged, it can be withdrawn by selling after the team launches the liquidity pool at the earliest (the pool should be very fast), and the minimum pledge time is 7 days.As for Eigenlayer, the currency issuance time has not yet been determined. I personally hope it will be before May.
My strategic suggestions:
Large investors can throw in their idle eth and enjoy the bull market rise of eth while earning profits from the other three fishes.
Retail investors can pledge a little eth to get a bonus of 3 times the points in the early stage, but they need to withdraw it in exchange for eth. Although you may not be able to get too many eignerlyaer points compared to the big players in terms of capital size, at least you won’t be short-changed. (This is not recommended if your funds are too small, after all, gas is not cheap either)
There are actually a lot of restaking targets. I will post a comparison chart for your reference now. I don’t need to do too much homework now. I suggest you throw some away first and play with Renzo.
#restaking #EigenLayer #撸空投 #大毛 #Ethereum；
Let me give a long introduction to a restaking target that is currently undervalued - Renzo. Although some people have mentioned it in the Chinese-speaking circle, Brother Lion is sure that I have done a lot of in-depth research and will share it with you.
Brother Lion previously recommended two projects for staking ETH, one is Blast and the other is Manta, but now they have passed the time of maximizing investment value. How can ETH get the best returns currently? In fact, I found that people in the Chinese-speaking community are much more low-key about Restaking compared to the enthusiasm among foreigners. Here is a little more nonsense to introduce the core of the Restaking track: @eigenlayer
All-star vc and huge financing
This is their official introduction:
“EigenLayer is an Ethereum-based protocol that introduces restaking, a new primitive in cryptoeconomic security. This primitive makes it possible to restake ETH on the consensus layer. Users who stake ETH can Opt-in to the EigenLayer smart contract to re-stake your ETH and extend crypto-economic security to other applications on the network. Part of the potential of EigenLayer lies in its ability to aggregate and extend crypto-economic security through re-staking and verify that on Ethereum New applications built on top."
Too long to watch version:
Come and re-stake your ETH and I will give you the money -- in terms of importance, it can be one of the biggest narratives in the future of Ethereum.
You can see that they have raised US$54.5 million in the first two rounds, and it is said that they will raise more. The valuation of their investment in OTC has reached US$3 billion.
(Personally, I feel that once the coin comes out, it will be basically confirmed by all the first-line exchanges. Based on this valuation, it may directly enter the top 20 crypto market capitalization)
Revolving around this big fish, a number of vote-buying projects have appeared on the market, all with the purpose of allowing everyone to better obtain eigenlayer points through retake eth. For example @swellnetworkio @kelporg @ether_fi etc. You can directly go to the eigen website to deposit eth, but this will lose the opportunity to eat more than one fish, so it is best to deposit through some projects, so that you can get their own tokens and eigen's future tokens.
But unfortunately, the time when foreigners are crazy about Swell pearls happens to be the same time when the Chinese currency circle is crazy about making inscriptions on various chains, so it is too late to participate in Swell and other projects.
At present, Brother Lion’s suggestion is to use a relatively new protocol, which is @RenzoProtocol Eigenlayer’s own ecological project.
Portal: https://app.renzoprotocol.com/retake?ref=0x00326e37cef76788f6b0cf643c94481d60bd3d58
The reason is simple: not long after it started, it was still giving triple mining acceleration to newcomers, and did not announce the financing and team background, so the whales were afraid.
What Renzo does is the Convex layer on Eigenlayer, which helps users stake their ETH in a reasonable selection of ecological projects to obtain additional security. From a security perspective, all funds are pledged on ETH. The biggest loss is the Slash caused by the ecological project Rug. From a revenue perspective, it is equivalent to the annualized ETH pledge, Eigenlayer airdrop, Renzo airdrop and triple mining. In theory, APY will be exaggerated.
Here comes the focus of this article, the information and benefits shared by fans in the Big Lion Brother community:
At present, Renzo’s financing background cannot be found in the outside world. Unlike Swell and Kelp, who know which team is there, many big funds are still afraid to rush in. In addition, they came out late, so their TVL is currently only 22M. Just one-20th of the leader Swell.
After doing in-depth research, Brother Big Lion discovered that behind the Renzo team is a well-known DeFi team in the last DeFi bull market, and it does not come from nowhere. They have also received good institutional investment, but it is not yet time to announce it. So I would suggest everyone to collect the points before disclosing it. After all, points are divided among everyone. The greater the amount of funds entered, the smaller the points will be.
The operation is very simple. After entering through the portal, link the wallet in the upper right corner, select the ETH you want to invest, click Confirm to get ezETH, and then you can lie down and wait for your eigenlayer score and renzo score to increase every day. These points will be converted into tokens for you in the future.
Pledge interface
I estimate that Renzo will launch its currency in March. As for the eth pledged, it can be withdrawn by selling after the team launches the liquidity pool at the earliest (the pool should be very fast), and the minimum pledge time is 7 days.As for Eigenlayer, the currency issuance time has not yet been determined. I personally hope it will be before May.
My strategic suggestions:
Large investors can throw in their idle eth and enjoy the bull market rise of eth while earning profits from the other three fishes.
Retail investors can pledge a little eth to get a bonus of 3 times the points in the early stage, but they need to withdraw it in exchange for eth. Although you may not be able to get too many eignerlyaer points compared to the big players in terms of capital size, at least you won’t be short-changed. (This is not recommended if your funds are too small, after all, gas is not cheap either)
There are actually a lot of restaking targets. I will post a comparison chart for your reference now. I don’t need to do too much homework now. I suggest you throw some away first and play with Renzo.
#restaking #EigenLayer #撸空投 #大毛 #Ethereum；
See original
Karak airdrop is coming soon? MOD: before 9/30
Karak, which I have mentioned to my friends many times recently, seems to be preparing to send out airdrops!
Yesterday, when Karak's DC Chinese area MOD responded to community questions, it stated that the project boss said Karak would be online before Eigenlayer, and the MOD predicted that it would be before 9/30 at the latest.
I have introduced Karak-related layout methods to you many times before. You can click the link here to be directly sent to the previous article to see how to make Karak. Come and score points in the last month, don’t miss it.
KelpDAO+Karak一魚雙吃策略, Pendel收益+Karak空投積分一魚雙吃策略, Karak介紹, Methamorphosis一魚多吃-Karak
Yesterday, when Karak's DC Chinese area MOD responded to community questions, it stated that the project boss said Karak would be online before Eigenlayer, and the MOD predicted that it would be before 9/30 at the latest.
I have introduced Karak-related layout methods to you many times before. You can click the link here to be directly sent to the previous article to see how to make Karak. Come and score points in the last month, don’t miss it.
KelpDAO+Karak一魚雙吃策略, Pendel收益+Karak空投積分一魚雙吃策略, Karak介紹, Methamorphosis一魚多吃-Karak
Omni Network: The Layer 1 Blockchain Bringing Spotlight To Restaking Category
Omni Network has just been announced by Binance to launch on #BinanceLaunchPool🔥 . This is a Layer 1 blockchain project created with a mission to connect various blockchains.
Furthermore, the project is backed by significant investment funds along with an Airdrop program that is said to be substantial.
Let's explore more!
1. What is Omni Network?
Omni Network (Omni) is a Layer 1 blockchain designed to integrate #Ethereum✅ rollup ecosystem into a unified system through Restaking. As a result, developers can build global applications that allow access to all liquidity sources and users of Ethereum.
The project has also just announced an Airdrop for users.
2. Key features of the project include:
Addressing Liquidity Fragmentation:
The Omni protocol aims to tackle fragmentation challenges by facilitating smooth communication and compatibility between different rollups:
Cross-rollup Communication: Omni allows users and applications to interact across different rollups as a unified network.Unified Liquidity Pools: By supporting Cross-rollup transactions, Omni helps aggregate liquidity, improve capital efficiency, and minimize slippage.Simplified User Experience:Users can enjoy a seamless experience with the ability to move assets or perform actions across rollups without complex processes or multiple steps, leveraging developer-friendly infrastructure.
The Restaking mechanism:
The Restaking mechanism introduced by the project presents a groundbreaking approach to blockchain security by utilizing Restaking $ETH . When ETH is Restaked on the Omni Chain, it enhances the security of other projects within the Ethereum network.
Omni Network also employs a "Dual Staking" mechanism through Restaking ETH and Staking OMNI. This not only enhances the security of the Ethereum Chain but also strengthens its own security budget as more OMNI tokens are staked.
Compatibility:
Compatibility is crucial for any project to achieve transactional and informational exchange consistency. With Omni Network, the project addresses compatibility needs by providing a protocol that supports Cross-chain communication, bridging interaction between multiple blockchains.
With this support, developers can easily create dApps that operate across multiple chains, minimizing complexity in connectivity and transactions.
In particular, through integration with EigenLayer, Omni Network ensures secure and robust Cross-chain transactions.
CometBFT:
CometBFT is a Byzantine Fault Tolerant (BFT) consensus mechanism designed to ensure network consensus in a distributed system, even in the presence of faulty or malicious nodes.
Its flexibility and efficiency make it an ideal choice for Omni, aiming to provide reliable Cross-rollup and Cross-chain communication services.
=> Developers can build dApps on Cross-chain without compromising performance and security.
Dual-Chain Architecture:
Omni introduces a breakthrough approach in blockchain architecture designed to enhance performance and scalability without compromising security.
Omni's architecture is divided into two main layers: Consensus Layer and Execution Layer. This dual-chain structure allows Omni to process transactions efficiently and manage global state across multiple networks.
=> Using a Modular blockchain structure makes Omni Network a name that maintains security from Restaking #ETH🔥🔥🔥 while improving transaction processing speed and cost efficiency through workload layering.
3. Token Information
Token Metrics
Token Name: Omni Network TokenTicker: OMNIBlockchain: EthereumToken Standard: ERC-20Contract: Updating...Token Type: Utility & GovernanceTotal Supply: 100,000,000 OMNICirculating Supply: 10,391,492 OMNI (110.39% of total supply)
Token Allocation
Private Sale Investors: 20.06%Public Launch Allocation: 5.77%Binance Launchpool: 3.5%Team: 25.25%Advisors: 3.25%Ecosystem Fund: 29.50%Community Fund: 12.67%
4. Token Distribution Schedule:
5. Token utility
The utility of the OMNI token includes:
Gas fees for transactions between Omni EVM and Cross-chain applications.Governance: decentralizing network governance through staking and governance voting.Creating a gas market for Cross-chain transactions.Staking for system security.
6. Roadmap
Q2/24:
Integration of Liquid Staking and Eigenlayer protocols as "Operators"#mainnet launchToken Generation Event (TGE)Deployment of a portion of the committed $11 billion to deploy xERC20 secured by Omni
Q3/24:
Launch of "Global Applications" (NGAs) on Omni EVMDeployment of multi-rollup smart contracts to scale applicationsRelease of Typescript frontend library to support application development
Q4/24:
Expansion of Omni Network to integrate Data Availability systems like EigenDA or CelestiaEnhancement of network rollup capabilitiesWelcoming MPC providers to offer services for organizations seeking access to Ethereum rollups
Team
Co-Founder/CEO – Austin King: He studied Computer Science at Harvard, developed InterLedger Network (processing over 10 billion transactions), sold a company to Ripple, and served as CEO of Omni Labs.Co-Founder/CTO – Tyler Tarsi: He studied Applied Mathematics, Computer Science, and Economics at Harvard. He has experience in building machine learning infrastructure for quantitative trading systems.
7. Investors & Partners
Investors
Omni Network successfully raised $18 million on March 26, 2023. This funding round saw participation from major funds such as Pantera Capital, The Spartan Group, Hashed Fund, Jump Crypto, and Two Sigma Ventures.
Partners
Omni Network's partners include major names, notably EigenLayer, which plays a crucial role in the platform's Restaking ETH strategy.
8. Analysis
Omni Network is a Layer 1 blockchain designed to integrate Ethereum's rollup ecosystem and address liquidity fragmentation issues. The project utilizes the Restaking ETH mechanism and Dual-Chain architecture to enhance security and performance. Notably, the support from major investors such as Pantera Capital, The Spartan Group, Hashed Fund, Jump Crypto, and Two Sigma Ventures, with $18 million raised, is noteworthy.
Being listed on Binance Launchpool recently adds to the attractiveness of the #restaking segment.
$ETHFI $ALT
Furthermore, the project is backed by significant investment funds along with an Airdrop program that is said to be substantial.
Let's explore more!
1. What is Omni Network?
Omni Network (Omni) is a Layer 1 blockchain designed to integrate #Ethereum✅ rollup ecosystem into a unified system through Restaking. As a result, developers can build global applications that allow access to all liquidity sources and users of Ethereum.
The project has also just announced an Airdrop for users.
2. Key features of the project include:
Addressing Liquidity Fragmentation:
The Omni protocol aims to tackle fragmentation challenges by facilitating smooth communication and compatibility between different rollups:
Cross-rollup Communication: Omni allows users and applications to interact across different rollups as a unified network.Unified Liquidity Pools: By supporting Cross-rollup transactions, Omni helps aggregate liquidity, improve capital efficiency, and minimize slippage.Simplified User Experience:Users can enjoy a seamless experience with the ability to move assets or perform actions across rollups without complex processes or multiple steps, leveraging developer-friendly infrastructure.
The Restaking mechanism:
The Restaking mechanism introduced by the project presents a groundbreaking approach to blockchain security by utilizing Restaking $ETH . When ETH is Restaked on the Omni Chain, it enhances the security of other projects within the Ethereum network.
Omni Network also employs a "Dual Staking" mechanism through Restaking ETH and Staking OMNI. This not only enhances the security of the Ethereum Chain but also strengthens its own security budget as more OMNI tokens are staked.
Compatibility:
Compatibility is crucial for any project to achieve transactional and informational exchange consistency. With Omni Network, the project addresses compatibility needs by providing a protocol that supports Cross-chain communication, bridging interaction between multiple blockchains.
With this support, developers can easily create dApps that operate across multiple chains, minimizing complexity in connectivity and transactions.
In particular, through integration with EigenLayer, Omni Network ensures secure and robust Cross-chain transactions.
CometBFT:
CometBFT is a Byzantine Fault Tolerant (BFT) consensus mechanism designed to ensure network consensus in a distributed system, even in the presence of faulty or malicious nodes.
Its flexibility and efficiency make it an ideal choice for Omni, aiming to provide reliable Cross-rollup and Cross-chain communication services.
=> Developers can build dApps on Cross-chain without compromising performance and security.
Dual-Chain Architecture:
Omni introduces a breakthrough approach in blockchain architecture designed to enhance performance and scalability without compromising security.
Omni's architecture is divided into two main layers: Consensus Layer and Execution Layer. This dual-chain structure allows Omni to process transactions efficiently and manage global state across multiple networks.
=> Using a Modular blockchain structure makes Omni Network a name that maintains security from Restaking #ETH🔥🔥🔥 while improving transaction processing speed and cost efficiency through workload layering.
3. Token Information
Token Metrics
Token Name: Omni Network TokenTicker: OMNIBlockchain: EthereumToken Standard: ERC-20Contract: Updating...Token Type: Utility & GovernanceTotal Supply: 100,000,000 OMNICirculating Supply: 10,391,492 OMNI (110.39% of total supply)
Token Allocation
Private Sale Investors: 20.06%Public Launch Allocation: 5.77%Binance Launchpool: 3.5%Team: 25.25%Advisors: 3.25%Ecosystem Fund: 29.50%Community Fund: 12.67%
4. Token Distribution Schedule:
5. Token utility
The utility of the OMNI token includes:
Gas fees for transactions between Omni EVM and Cross-chain applications.Governance: decentralizing network governance through staking and governance voting.Creating a gas market for Cross-chain transactions.Staking for system security.
6. Roadmap
Q2/24:
Integration of Liquid Staking and Eigenlayer protocols as "Operators"#mainnet launchToken Generation Event (TGE)Deployment of a portion of the committed $11 billion to deploy xERC20 secured by Omni
Q3/24:
Launch of "Global Applications" (NGAs) on Omni EVMDeployment of multi-rollup smart contracts to scale applicationsRelease of Typescript frontend library to support application development
Q4/24:
Expansion of Omni Network to integrate Data Availability systems like EigenDA or CelestiaEnhancement of network rollup capabilitiesWelcoming MPC providers to offer services for organizations seeking access to Ethereum rollups
Team
Co-Founder/CEO – Austin King: He studied Computer Science at Harvard, developed InterLedger Network (processing over 10 billion transactions), sold a company to Ripple, and served as CEO of Omni Labs.Co-Founder/CTO – Tyler Tarsi: He studied Applied Mathematics, Computer Science, and Economics at Harvard. He has experience in building machine learning infrastructure for quantitative trading systems.
7. Investors & Partners
Investors
Omni Network successfully raised $18 million on March 26, 2023. This funding round saw participation from major funds such as Pantera Capital, The Spartan Group, Hashed Fund, Jump Crypto, and Two Sigma Ventures.
Partners
Omni Network's partners include major names, notably EigenLayer, which plays a crucial role in the platform's Restaking ETH strategy.
8. Analysis
Omni Network is a Layer 1 blockchain designed to integrate Ethereum's rollup ecosystem and address liquidity fragmentation issues. The project utilizes the Restaking ETH mechanism and Dual-Chain architecture to enhance security and performance. Notably, the support from major investors such as Pantera Capital, The Spartan Group, Hashed Fund, Jump Crypto, and Two Sigma Ventures, with $18 million raised, is noteworthy.
Being listed on Binance Launchpool recently adds to the attractiveness of the #restaking segment.
$ETHFI $ALT
Will $ETHFI Spectacular Breakout Lead To An Explosive #restaking Trend?
In just 24 short hours, the trading price of #ETHFI has recorded an impressive growth of over 26%, leading the restaking category and showing no signs of slowing down.
Will this strong breakthrough bring positive effects to the entire restaking industry? Or is it signaling a potential surge for restaking in the future?
#Ethereum✅ #HotTrends
$SUI $PDA
In just 24 short hours, the trading price of #ETHFI has recorded an impressive growth of over 26%, leading the restaking category and showing no signs of slowing down.
Will this strong breakthrough bring positive effects to the entire restaking industry? Or is it signaling a potential surge for restaking in the future?
#Ethereum✅ #HotTrends
$SUI $PDA
See original
My opinion on the Restaking track:
1. The current success of LRT depends on: cycle continuity + sustainable development of the Ethereum ecosystem
2. Liquidity and TVL are the core evaluation criteria, and the winner takes all
3. Good investment target: Restaking underlying infrastructure + leading protocol (high TVL + high APR + many supporting assets)
4. Projects that allocate more tokens to the community have more advantages because they win people's hearts and have high TVL #ether.fi #restaking
1. The current success of LRT depends on: cycle continuity + sustainable development of the Ethereum ecosystem
2. Liquidity and TVL are the core evaluation criteria, and the winner takes all
3. Good investment target: Restaking underlying infrastructure + leading protocol (high TVL + high APR + many supporting assets)
4. Projects that allocate more tokens to the community have more advantages because they win people's hearts and have high TVL #ether.fi #restaking
See original
@ether_fi
Ether.fi is a non-custodial liquid staking platform that raised $5.3 million in funding in February 2023 from North Island Ventures, Chapter One and Node Capital and the funding round included participation from the founder of derivatives exchange BitMEX , Arthur Hayes. The platform seeks to provide better services than existing liquid staking platforms and focuses on decentralization as its main goal.
Sign up here
👉 https://app.ether.fi/eeth?address=0x6D57c4F7B0c902C37dc495F173c886D0B5aC9752
Why ETHER FI?
For 3 reasons:
🔸Over 500M TVL (double than KelpDAO) and over 5M funding
🔸Loyalty Points and TGE system in April (airdrop)
🔸For 10 days, they will distribute a bonus of 4M EigenLayer Points (+100 extra points per new ETH deposited). Another way to have exposure to EigenLayer and future airdrops to stakers, and also farm the EtherFi airdrop.
Once they deposit (min deposit 0.1 ETH) they will receive the eETH token and have 2 options:
1. Hold it in wallet
2. Use it in DeFi protocols (the Pendle pool is interesting)
Bonus: Daily Check In to earn more Loyalty Points.
BrunoCrypto
Follow me for more information on Airdrops 😊
#Ethereum #ether.fi #airdrops #restaking #Eigenlayer
$ETH
Ether.fi is a non-custodial liquid staking platform that raised $5.3 million in funding in February 2023 from North Island Ventures, Chapter One and Node Capital and the funding round included participation from the founder of derivatives exchange BitMEX , Arthur Hayes. The platform seeks to provide better services than existing liquid staking platforms and focuses on decentralization as its main goal.
Sign up here
👉 https://app.ether.fi/eeth?address=0x6D57c4F7B0c902C37dc495F173c886D0B5aC9752
Why ETHER FI?
For 3 reasons:
🔸Over 500M TVL (double than KelpDAO) and over 5M funding
🔸Loyalty Points and TGE system in April (airdrop)
🔸For 10 days, they will distribute a bonus of 4M EigenLayer Points (+100 extra points per new ETH deposited). Another way to have exposure to EigenLayer and future airdrops to stakers, and also farm the EtherFi airdrop.
Once they deposit (min deposit 0.1 ETH) they will receive the eETH token and have 2 options:
1. Hold it in wallet
2. Use it in DeFi protocols (the Pendle pool is interesting)
Bonus: Daily Check In to earn more Loyalty Points.
BrunoCrypto
Follow me for more information on Airdrops 😊
#Ethereum #ether.fi #airdrops #restaking #Eigenlayer
$ETH