Eigenlayer is a protocol constructed on Ethereum that helps individuals who personal Ethereum to maintain their cash protected and earn extra rewards. With EigenLayer, folks can use their Ethereum to assist many various providers keep protected on the identical time. Eigen’s airdrop is already reside and individuals are already incomes factors for it. Nevertheless, interacting with Ethereum might be very costly. Right here’s our information on the most cost effective technique to qualify for the Eigenlayer airdrop with out interacting with Ethereum.
Take a look at our step-by-step information!
What’s EigenLayer?
EigenLayer is a protocol that introduces a brand new primitive in cryptoeconomic safety known as restaking. This primitive allows customers to reuse their ETH on the consensus layer and prolong cryptoeconomic safety to further functions on the community. Customers who stake ETH natively or with a Liquid Staking Token (LST) can opt-in to EigenLayer sensible contracts to restake their ETH or LST and earn further rewards.
What’s fascinating about EigenLayer is that they’ve raised $50 million in Collection A funding led by Blockchain Capital. Different notable traders embrace Finality Capital, Electrical Capital, Polychain Capital, Hack VC and Coinbase Ventures. With Coinbase Ventures backing EigenLayer, there may be robust hypothesis that their token will likely be listed on both Coinbase or Binance.
Easy methods to get a possible EigenLayer token airdrop if deposits are paused
To get the potential EigenLayer token airdrop, merely connect with https://app.eigenlayer.xyz/ and join your pockets. Then, click on into your most well-liked pool, enter the quantity of tokens you want to deposit and click on “Deposit”.
Nevertheless, Liquid Restaking deposits are at present paused on EigenLayer as a result of it’s full. They often reopen, however when it does, it’s only for a couple of hours at a time. So it’s importantly to SUBSCRIBE to Boxmining+ as a result of we would be the first to let when it does!
There may be another resolution to getting the potential EigenLayer token airdrop if liquid restaking deposits are full. Nevertheless, there’s a danger of utilizing Ether.fi as a backdoor to stepping into the EigenLayer token airdrop. It is because EigenLayer has not formally supported this as a substitute for getting the EigenLayer token airdrop.
Right here’s get a possible EigenLayer token airdrop if EigenLayer deposits are paused:
- Join to Ether.Fi at https://www.ether.fi/.
- Use referral for EXTRA POINTS by clicking HERE.
- Stake ETH: Select the quantity of ETH you want to deposit and click on “Stake”. However make sure that the transaction charges usually are not costly when staking. It is because they could possibly be greater than what you might doubtlessly get from this airdrop.
You’ll get eETH while you stake ETH on Ether.fi. - Earn rewards: You’ll earn the next rewards for staking on Ether.fi: APR, restaked APR, ether.fi loyalty factors and Eigenlayer factors.
- Withdraw staked ETH: Withdraw your eETH on the “Stake” tab. Be aware it takes round 7 to 14 days. Or when you don’t wish to wait 7 to 14 days, you’ll be able to instantly swap your eETH for another cryptoasset utilizing any DEX. Nevertheless, you will have to pay trade charges for this.
Easy methods to qualify for potential Eigenlayer airdrop: Least expensive methodology, no Ethereum
Right here’s get a possible EigenLayer token airdrop if EigenLayer deposits are paused:
- Withdraw Ethereum to Manta
Withdraw Ethereum in your centralized trade account (e.g. Binance) to MetaMask utilizing the Manta community. It is because this can be very low cost to do that. As an illustration, Binance charged us 0.0001 ETH (round US$0.35) for this transaction, versus 0.003 ETH (round $10.48) for doing the identical transaction utilizing the Ethereum community. Be aware we selected the Manta community so we will get further rewards on the Manta Renew Paradigm marketing campaign. Nevertheless, you may as well use different networks comparable to Arbitrum, Base and Optimism.
Study extra in regards to the Manta Renew Paradigm and our step-by-step information HERE.
- Be a part of Manta’s New Paradigm
You want an invitation to affix Manta’s Renew Paradigm. Use the invite code HERE.
- Swap ETH for STONE
You have to STONE with a view to stake on Manta. To get STONE tokens, join your pockets to https://app.aperture.finance/swap?chainId=169 and swap your ETH to STONE. Be aware, don’t swap all of your ETH as you will have some ETH to pay for upcoming transaction prices.
- Stake STONE on protocols
On the staking dashboard, choose your validator and stake your ETH. Just be sure you choose a validator that gives Eigen Layer Factors. For instance Shoebill, LayerBank and ZeroLend provide LayerBank/ Shoebill/ ZeroLend rewards, Manta rewards, Stone Stake ETH rewards and Eigen Layer Factors. You’ll be able to select to stake all of your ETH on one or cut up your ETH between a number of protocols. We selected which protocol to provide and stake our STONE relying on the Provide APY provided. You’ll be able to examine the Provide APY on the protocol’s web page. As on the time of writing, Shoebill provides 4.53% and ZeroLend provides 0.012% Provide APY. While LayerBank provides 3.46% Provide APR.
See steps 5-6 for supplying and staking STONE on Shoebill.
See steps 7-8 for supplying and staking STONE on ZeroLend.
See steps 9-10 for supplying and staking STONE on LayerBank.Be aware that token unstaking on Manta New Paradigm will solely be enabled in Might 2024.
- Provide STONE on Shoebill
Join your pockets to https://manta-stone.shoebill.finance/#/ and click on on the “STONE” market. Uder the “Supply” tab, select the quantity of STONE you want to provide and ensure the transaction. This will provide you with sbSTONE.
- Stake sbSTONE on Manta
Go to the Manta Renew Paradigm staking dashboard and click on on the down arrow beneath Shoebill. Stake your sbSTONE to get Shoebill rewards, Manta rewards, Stone Stake ETH rewards and Eigen Layer Factors. Be aware that token unstaking on Manta New Paradigm will solely be enabled in Might 2024.
- Provide STONE on ZeroLend
Join your pockets to https://app.zerolend.xyz/. Click on the down arrow to vary to the Manta market. Click on on “StakeStone Ether”. Select the quantity of STONE you want to provide and click on “Approve STONE to continue”. This will provide you with z0STONE.
- Stake z0STONE on Manta
Go to the Manta Renew Paradigm staking dashboard and click on on the down arrow beneath ZeroLend. Stake your z0STONE to get Zerolend rewards, Manta rewards, Stone Stake ETH rewards and Eigen Layer Factors. Be aware that token unstaking on Manta New Paradigm will solely be enabled in Might 2024.
- Provide STONE on LayerBank
Join your pockets to https://manta.layerbank.finance/financial institution. Click on “STONE” beneath Markets. Select the quantity of STONE you want to provide and click on “Supply”. This will provide you with lSTONE.
- Stake lSTONE on Manta
Go to the Manta Renew Paradigm staking dashboard and click on on the down arrow beneath LayerBank. Stake your lSTONE to get LayerBank rewards, Manta rewards, Stone Stake ETH rewards and Eigen Layer Factors.
AltLayer airdrop for EigenLayer restakers and ecosystem companions: Easy methods to declare?
AltLayer introduced particulars of their Airdrop Season 1. A complete of 300 million $ALT tokens (i.e. 3% of the whole provide) will likely be airdropped. They’ve taken a snapshot at 12:00:11 on seventeenth January 2024 (UTC), and the AltLayer airdrop will likely be accessible to say from twenty fifth January to twenty fifth February 2024. Of the $ALT tokens to be airdropped, 13.05% (i.e. 39.15 million) $ALT will likely be airdropped to EigenLayer Restakers. And 4.49% (i.e. 13.47 million) $ALT will likely be distributed to EigenLayer Ecosystem Companions.
For EigenLayer Restakers, you should have a minimum of 720 Restaked Factors to be eligible for the AltLayer airdrop.
AltLayer $ALT token claims at the moment are open and might be claimed HERE. To assert your airdrop, enter your Ethereum handle and click on “Check”.
EigenLayer airdrop overview
When reviewing an airdrop, there are a number of components to contemplate. First, the probability the venture will even do an airdrop within the first place. Then, to have a look at what number of tokens the venture intends to allocate in the direction of airdrop campaigns, in addition to the problem in taking part of their airdrop. It’s also vital to have a look at the utility of the token in order that there will likely be an precise use and goal in taking part within the airdrop within the first place. Lastly, an element to contemplate when reviewing an airdrop is whether or not the airdropped tokens are topic to any lockup interval.
Probability of airdrop: The EigenLayer airdrop is now reside. Members are already doing duties and getting factors!
Airdropped token allocation: The EigenLayer airdrop allocation is unknown.
Airdrop issue: The EigenLayer airdrop requires customers to deposit ETH onto their platform. However deposits are at present closed. We now have another which is to deposit on Ether.fi as an alternative, however EigenLayer haven’t confirmed that is an official methodology to getting their token airdrops.
Token utility: The EigenLayer token utility is unknown.
Token lockup: There isn’t any data on the EigenLayer token lockup but.
