EigenBoost 2.0 | Revival of extra EigenLayer Points with ETHx

EigenLayer LST caps resume on Feb 05, 2024. With ETHx accepted as collateral on EigenLayer, Stader is excited to announce EigenBoost 2.0, an exclusive way to earn extra EigenLayer Restaked Points.

Introducing EigenBoost 2.0

With EigenBoost 2.0, there’s a total of 1,210,000 extra EigenLayer Points up for grabs! So far, upon deposit, every LST provides the same amount of EigenLayer Points.

Stader is offering 1,210,000 extra EigenLayer points on top of the standard EigenLayer points.

100,000 extra points EVERYDAY from Jan 23 to Feb 02, 8 PM UTC and 30,000 points EVERYDAY from Feb 02, 8 PM UTC to Feb 09, 8 PM UTC.

Restake ETHx on Kelp or EigenPie starting today to be eligible. The earlier you stake and the more you stake, the greater your EigenBoost will be!

(Daily extra points till Feb 02 (100,000) * Number of days (10))
+
(Daily extra points from Feb 02 till Feb 09 (30,000) * Number of days (7))
=
Extra EigenLayer Points for ETHx (1,210,000)

To earn extra EigenLayer points, all you have to do is:

1. Mint ETHx with Stader anytime

2. Deposit ETHx via Kelp DAO, Eigenpie or to EigenLayer before Feb 09

This time around, too, Stader will be restaking ETH from its own treasury on EigenLayer and distributing the EigenLayer Points accrued proportionally amongst ETHx restakers.

What happens to EigenBoost 1.0 users?

The EigenBoost 1.0 saw ~49K ETHx restaked on EigenLayer. This program started on Dec 22 and concluded on Jan 03, 2024 once the global LST caps on EigenLayer were paused. Eligible participants of EigenBoost 1.0 will continue to accrue boosted EigenLayer Points till March 31, 2024. You can learn more about EigenBoost 1.0 here.

Disclaimer:
Subject to feasibility of downstream processes on EigenLayer, other LSTs and restaking protocols.

Please note that when EigenLayer points become transferable (either through a token or other mechanism), Stader pledges to distribute all of its EigenLayer Point earnings as boost to eligible ETHx users.