How do I know if my deposit is paused?
Eigenlayer is an Ethereum-based protocol that helps people who own Ethereum keep their money safe and earn more rewards. EigenLayer allows people to use Ethereum to keep a variety of services safe at the same time. Eigen’s airdrop is already live and people are already earning points for it. Here is an alternative guide on how to get the EigenLayer token airdrop:
What is EigenLayer?
EigenLayer is a protocol that introduces a new fundamental element in the security of the cryptocurrency economy: restaking. This primitive allows users to reuse ETH in the consensus layer and extend cryptoeconomic security to additional applications on the network. Users who have staked ETH natively or with Liquid Stake Tokens (LST) can select the EigenLayer smart contract to re-stake their ETH or LST and earn additional rewards.
What’s interesting about EigenLayer is that it has raised $50 million in Series A funding led by Blockchain Capital. Other notable investors include Finality Capital, Electric Capital, Polychain Capital, Hack VC, and Coinbase Ventures. With Coinbase Ventures backing EigenLayer, there is strong speculation that the token will be listed on Coinbase or Binance.
How to Win Potential EigenLayer Token Airdrops
To receive a potential EigenLayer token airdrop, simply connect to https://app.eigenlayer.xyz/ and link your wallet. Then click on the pool of your choice, enter the token amount you want to deposit and click “Deposit”.
However, Liquid Restake deposits are currently paused because EigenLayer is full. It occasionally reopens, but when it does, it is only open for a few hours at a time. Therefore, it is important to subscribe to Boxmining+. Because you’ll be the first to know when your subscription is complete!
If your liquidity redeposit deposit is full, there is an alternative solution to get a potential EigenLayer token airdrop. However, there is a risk of using Ether.fi as a backdoor to enter the EigenLayer token airdrop. This is because EigenLayer does not officially support this, instead getting EigenLayer token airdrops.
If your EigenLayer deposits are paused, here’s how to get a potential EigenLayer token airdrop:
- Connect to Ether.Fi.
Connect your wallet to https://www.ether.fi/.
- Use referral codes to earn extra points
Click https://app.ether.fi/eeth?address=0xcD70c83f22de83aa2cbc0eA0e86A8ef1562D6263 to activate the code that gives you extra points.
- ETH staking
Select the amount of ETH you wish to deposit and click “Stake”. However, make sure that transaction fees are not expensive when staking. This is because you could potentially get more from this airdrop than you could.
When you stake ETH on Ether.fi, you will receive eETH.
- Get Rewards
By staking on Ether.fi, you can earn rewards such as APR, re-staked APR, ether.fi loyalty points and Eigenlayer points.
- Withdraw your staked ETH
You can withdraw eETH from the “Stake” tab. It will take approximately 7 to 14 days to claim the withdrawn amount. You will not lose your funds when you withdraw them.
Alternatively, if you don’t want to wait 7-14 days to claim your eETH, you can also use a decentralized exchange to instantly exchange your eETH for an alternative cryptocurrency. However, you will have to pay an exchange fee for this.
EigenLayer Airdrop Review
There are several factors to consider when reviewing airdrops. First, there is a possibility that the project will conduct an airdrop in the first place. We will then look at how many tokens the project will allocate to the airdrop campaign and the difficulty of participating in the airdrop. It is also important to look at the utility of the token to ensure there is a real use and purpose for participating in the airdrop in the first place. Lastly, a factor to consider when reviewing an airdrop is whether a lock-up period applies to the airdropped tokens.
Airdrop possibilities: The EigenLayer airdrop is currently live. Participants are already doing the work and earning points!
Airdropped token allocation: EigenLayer airdrop allocation is unknown.
Airdrop Difficulty: EigenLayer airdrops require users to deposit ETH into the platform. However, deposits are currently closed. There is an alternative to depositing on Ether.fi instead, but EigenLayer has not confirmed if this is an official way to receive token airdrops.
Token Utility: EigenLayer token utility unknown.
Token Lockup: There is no information about EigenLayer token lockup yet.
