The world of decentralized finance ( DeFi ) continues to grow year after year. The opening of 2024 was marked by the presence of Eigen Layer. Another interesting news is about the potential EigenLayer restaking airdrop.
EigenLayer Airdrop Concept
EigenLayer introduces an amazing airdrop model, going beyond traditional token distribution. This model rewards users who actively participate in network restaking activities, fostering a safer and stronger blockchain ecosystem.
This EigenLayer airdrop encourages long-term engagement that contributes to the overall stability and growth of the DeFi sector .
Get to know the EigenLayer Restaking Concept
Backed by massive $65.4 million in funding from industry giants such as Polychain and Coinbase, EigenLayer introduces a new restaking mechanism .
This mechanism allows Ethereum stakers to increase their rewards by restaking ETH or Liquid Staking Tokens (LST) in various applications within the network. This, in turn, increases cryptoeconomic security across the Ethereum blockchain.
Get to know EigenLayer and its sub-projects
Find out more about what EigenLayer is along with its Sub-projects. Participating in these sub-projects not only offers direct financial incentives, but also strengthens the security of the Ethereum network.
Each project is uniquely positioned to capitalize on the EigenLayer ecosystem, providing a variety of rewards and airdrop opportunities. Each offers unique benefits and easy participation steps.
Below are a number of sub-projects of EigenLayer:
Swell Network (@swellnetworkio)
- Benefits: Leading in Total Value Locked (TVL), Swell Network excels with transparent token incentives and robust security features.
-
How to Participate:
- Stake your ETH on Swell Network to receive SWELL tokens.
- On January 29, stake swETH on EigenLayer for additional rewards and potential airdrop.
Ether Fi (@ether_fi)
- Advantages: Ideal for small investors, Ether Fi offers early participation without waiting for a specific event date and the possibility of doubling the prize in collaboration with Pendle Finance.
-
How to Participate:
- Stake ETH for eETH on Ether Fi.
- Use eETH on Pendle Finance for leveraged airdrop opportunities.
Renzo Protocol (@RenzoProtocol)
- Advantages: Renzo Protocol allows immediate participation without waiting for event activation and is known for its user-friendly staking process.
-
How to Participate:
- Stake ETH on Renzo to earn ezETH and qualify for the upcoming airdrop.
Kelp DAO (@KelpDAO)
- Benefits: Part of the Stader Labs ecosystem, Kelp DAO offers automatic restaking on EigenLayer, simplifying the participation process.
-
How to Participate:
- Stake ETH in Stader Labs for ETHx tokens, then automatically restake in EigenLayer via Kelp DAO.
Puffer Finance (@puffer_finance)
- Benefits: Backed by industry leaders and innovators, Puffer Finance is set to offer unique staking opportunities at launch.
- Note: In the pre-launch stage, wait for further updates for participation details.
Also Read:
Awaited Free Crypto Airdrop In 2024
Crypto Airdrop and Guide on How to Get It for Free
How to Avoid Airdrop Scams? Comprehensive Guide
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
Comments
0 comments
Please sign in to leave a comment.