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EigenBoost 2.0 + EigenTurbocharge | 2.2Mn 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 and EigenTurbocharge, an exclusive way to earn extra EigenLayer Restaked Points.
Introducing EigenTurbocharge (Feb 06, 6 AM UTC — Feb 09, 8 PM UTC)
To make the most out of the ongoing EigenLayer cap unpause, Stader is bringing an exclusive bonus of 1Mn Extra EigenLayer Points for new ETHx users, starting Feb 06, 6 AM UTC to Feb 09, 8 PM UTC.
Under EigenTurbocharge, users will get 50 extra EigenLayer Points for every ETHx minted and restaked till Feb 09, 8 PM UTC. The EigenTurbocharge campaign is applicable for the first 20k ETH staked with Stader and restaked starting Feb 06, 6 AM UTC.
Users can choose to restake directly on EigenLayer or with any of the LRT partners, Kelp DAO, Eigenpie and Prime Staked ETH.
This campaign is on top of the ongoing EigenBoost 2.0 campaign. (more details below)
Introducing EigenBoost 2.0 (Jan 23, 8 PM UTC — Feb 09, 8 PM UTC)
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, EigenPie or Prime Staked ETH 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, Prime Staked ETH 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.
By:
Kanishk Abrol
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