Mode and EtherFi Will Release Turbo Bonus: Get Attractive Rewards with weETH!

Bittime - Mode Network, a modular Layer 2 (L2) DeFi protocol, collaborates with EtherFi to present Turbo Bonus, an interesting event that allows you to get tempting rewards in the form of points.

Turbo Bonus: Earn 3x EtherFi Points and Up to 4x Mode Points

During the Turbo Bonus period which lasts for the next 14 days, users can get rewards in the form of:

• 3x EtherFi Points Boosters: EtherFi Points function to increase ETH staking rewards on the EtherFi protocol. The more EtherFi Points you have, the greater the potential profit you will get.
• 4x Mode Points: Mode Points are native reward points from the Mode platform. Mode Points can be used for various purposes, such as participating in governance and getting discounts on transaction fees.
• 1x EigenLayer Points: Reward points from the EigenLayer network. 

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How to Get Turbo Bonus Rewards with weETH

weETH (wrapped ETH) is an ERC-20 token that represents ETH holdings on the Ethereum network that is bridged to the Mode network.

Here are several ways to get Turbo Bonus rewards with weETH:

1. Bridge weETH to Mode: You can bridge your ETH to the Mode network using weETH. Every 1 ETH bridged will generate 100 Mode Points.
2. Hold weETH: Users who already own weETH can still earn Mode Points continuously through their position in the pool.
3. Re-stake ETH to weETH: You can exchange 1 ETH for 100 Mode Points, then use the ETH to buy weETH. By storing weETH in your wallet, you will get an additional 2x Mode Points.
4. Providing weETH/ETH Liquidity: Provides weETH/ETH liquidity on the Kim Protocol, Swap Mode, and Supswap protocols.
5. Providing weETH as Collateral: Use weETH as collateral to borrow other crypto assets on decentralized finance (DeFi) platforms such as SturdyFinance, Ionic, Ironclad, Molend, and LayerBank.

Exciting Opportunities to Increase Profits

Turbo Bonus offers a very interesting opportunity to maximize profits from ETH staking. By participating in this event and taking advantage of various ways to earn rewards with weETH, you have the potential to earn much larger reward points compared to conventional ETH staking.

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Keep Up With the Latest Developments!

Mode and EtherFi have not revealed further details regarding the complete terms and conditions of the Turbo Bonus event. For the latest information, you can visit the official websites of Mode and EtherFi or join their communities on social media.

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How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also Read: 

What are Block Rewards?

What are Mining Rewards?

What are Staking Rewards?

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.