Charlie Garcia
EigenLayer is a protocol built on Ethereum that introduces restaking, a new primitive in cryptoeconomic security. This primitive enables the reuse of ETH on the consensus layer. Users that stake ETH natively or with a liquid staking token (LST) can opt-in to EigenLayer smart contracts to restake their ETH or LST and extend cryptoeconomic security to additional applications on the network to earn additional rewards.
EigenLayer has raised $164M in funding from investors like Polychain Capital and Coinabase ventures. They don’t have their own token yet but is very likely to launch one in the future. They’ve a points system where users who restake on EigenLayer as well as on platforms using the EigenLayer protocol can earn EigenLayer points. Early users who do mainnet actions and also earn points may get an airdrop if they launch their own token.
- Visit the EigenLayer mainnet page.
- Connect your Metamask wallet.
- They currently support stETH (Lido), rETH (Rocket Pool), cbETH (Coinbase), wBETH (Binance), osETH (Stakewise), swETH (Swell), AnkrETH (Ankr), EthX (Stader) and OETH (Origin ETH).
- Get some ETH first and restake it on one of the above-mentioned platforms to get their LSTs. You can get ETH on Binance.
- Now, go back to the pools and stake your tokens.
- You will start earning EigenLayer points. They’re a way to measure your contribution to the EigenLayer ecosystem.
- At the moment, deposits on EigenLayer are temporarily suspended.
- Users who’ve already restaked can delegate their stake to an Operator of their choice. The Restaker will receive fees according to the AVSs that the Operator chooses to run. For more info regarding delegation, see this page.
- You can also earn more EigenLayer points as well as become eligible for other speculative airdrops by interacting with other projects using the EigenLayer protocol. Some are:
- Swell has confirmed to airdrop SWELL tokens to users who earn PEARL points. Staking ETH on Swell and then restaking swETH on EigenLayer gets you PEARL points as well as EigenLayer points.
- You can also earn EigenLayer points as well as ether.fi points for staking on Ether.fi. They’ve also hinted at rewarding early users.
- Stake ETH on Renzo to earn Renzo points as well as EigenLayer points. They’ve also hinted at rewarding early users.
- Stake ETH or other LSTs on Kelp DAO to earn Kelp Miles as well as EigenLayer points. They’ve also hinted at rewarding early users.
- You can also sell or buy points at Whales Market to likely earn big money based on speculation.
- They don’t have their own token yet but could launch one in the future. So, early users who interact with the platform and collect points may get an airdrop if they launch their own token.
- For more information regarding the mainnet, read this article.
Don’t forget to verify yourself with Gitcoin Passport, which is a way to ensure proof of humanity and prevent bot activity. It distinguishes real wallets from Sybil wallets, adding an extra layer of security. Creating a Gitcoin Passport and collecting stamps can help mark your wallet as “safe,” increasing your chances of being considered for airdrops by projects.
Please note that there is no guarantee that they will do an airdrop and that they will launch their own token. It’s only speculation.
You’re interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!
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Overview