EigenLayer is the first Ethereum ReStaking solution, boasting a testnet Total Value Locked (TVL) near $50 million USD. With EigenLayer, users can ReStake ETH or their LSD tokens into a smart contract, enhancing security for other protocols and benefiting both protocols and restakers.
- The protocol benefits from Ethereum’s security as collateral assets are staked to maintain security for both Ethereum and the protocol itself.
- Restakers receive staking rewards from two sources: Ethereum and the secured protocol.
- Restakers enjoy additional rewards in exchange for protecting other protocols, but they also face risks from the slashing conditions of these protocols.
EigenLayer raised $64.4 million with a token valuation of ~$500 million. It’s a significant project with potential to set future trends.
Participating in the EigenLayer airdrop could be a major opportunity.
- Website: https://www.eigenlayer.xyz/
- Twitter: https://twitter.com/eigenlayer
- Discord: https://discord.gg/eigenlayer
Overall, EigenLayer seems to be one of the most heavily funded and widely promoted projects, so if you’re aiming for a chance at an airdrop, start by trying out the Eigen Layer testnet.
Contents
Step 1: Prepare Your Wallet
– Set up your wallet as usual. Add the Goerli network to your Metamask wallet HERE, find Goerli and add it to your wallet!
– Receive some test tokens on the Goerli Testnet using a faucet.
- https://goerlifaucet.com/ (Free)
- https://faucet.paradigm.xyz/ (Free)
- https://testnetbridge.com/ (Paid for gETH)
– Then, send goETH to the stETH contract: 0x1643E812aE58766192Cf7D2Cf9567dF2C37e9B7F
– Click “I Understand” and enter the amount you wish to send & confirm the transaction.
Step 2: Stake goETH for rETH
– Visit: https://testnet.rocketpool.net
– Enter the amount you want to stake and confirm the transaction.
You will then have rETH.
rETH contract: 0x178E141a0E3b34152f73Ff610437A7bf9B83267A
Step 3 – Restake
– Visit: https://goerli.eigenlayer.xyz/
– Connect your wallet.
– Stake your rETH for Rocket Pool Ether.
– Stake your sETH for Lido Staked Ether.
Finally, unstake some of your tokens.
*** Note, you may encounter an error like the one shown below. This occurs if the group is full. Please wait a few minutes or a few hours and try again ***
Step 4: Fill in the Confirmation Form
The Eigen Layer Mainnet Phase 1 is launching soon, and those who show interest and experience in this project might be rewarded. To express your interest in early ReStaking, fill out this form:
Step 5: Leave Feedback on Discord
– Visit: https://discord.com/invite/eigenlayer and find the “testnet-feedback” channel.
– Comment your wallet address and leave some feedback about their platform.
Here are the latest guidelines for the Eigen Layer airdrop. While the exact timing of the Eigen Layer airdrop hasn’t been officially announced, the project merits attention. It’s advisable not to delay for official updates; instead, get involved with the testnet promptly to increase your chances of participation. Being patient could lead to potential opportunities. Best of luck!
