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It’s been a bumper week for PrimeStaked, with more than $21M in TVL captured since deposits opened on Monday.
As we enter the final stretch of the current deposit window, we’re looking to reward users that have furthered the protocol’s growth. To this end, we’re adding extra EigenLayer Restaked Points to the rewards pool for reaching TVL targets up to $50M.
The current restaking deposit window may be drawing to a close, but there’s still time to seize the juicy, triple-stacked yields on offer.
For each $10M in TVL added, we’ll be distributing extra EigenLayer Points to all depositors after LST deposits close.
By restaking supported LSTs over the next day, users can secure a boost to their EigenLayer rankings. Bonus Restaked Points will be awarded to primeETH holders proportionally based on the amount of primeETH held. As a reminder, deposits close on Feb 9 at 8pm UTC (12pm PST).
Only 24 hours remain before the current restaking window draws to a close. You can help unlock bonus EigenLayer Points by referring friends using your unique referral code. In doing so, you’ll earn 10% of XP accrued by your referrals!
As we move forward, new benefits will be unlocked for primeETH XP earners. If you’re not already filled in, we’ve dropped some hints on how to maximize your XP earnings below.
Pioneered by EigenLayer, restaking has rapidly become one of DeFi’s most popular mechanics. In fact, EigenLayer has captured close to $4B in TVL since January alone.
Depositing OETH earns you double primeETH XP. Additionally, our time-weighted multiplier offers all depositors a further 2x boost for the final 24 hours of EigenLayer deposits.
Disclaimer: Program subject to change based on feasibility of downstream processes on EigenLayer, other LSTs, and staking protocols.
