EigenLayer Airdrop Guide- Step by Step

EigenLayer is a groundbreaking protocol built on the Ethereum network, introducing the concept of restaking, a novel approach to enhancing cryptoeconomic security. This innovative primitive allows for the reuse of ETH on the consensus layer, enabling users to stake ETH directly or through a liquid staking token (LST) and opt-in to EigenLayer smart contracts. By doing so, users can restake their ETH or LST, extending cryptoeconomic security to additional applications on the network while earning additional rewards.

Although EigenLayer does not currently have its own native token, it is highly probable that they will launch one in the future. In the meantime, they have introduced a points system whereby users who engage in restaking on EigenLayer and platforms utilizing the EigenLayer protocol can accrue EigenLayer points. Early adopters who actively participate in testnet and mainnet activities and accumulate points may potentially qualify for an airdrop if EigenLayer decides to launch its own token.

Task 1: Mainnet

Visit EigenLayer Mainnet Page

Begin by navigating to the EigenLayer mainnet page.
Connect your Metamask wallet to the EigenLayer platform.

Supported Platforms and Tokens

EigenLayer currently supports various platforms and tokens, including stETH (Lido), rETH (Rocket Pool), cbETH (Coinbase), wBETH (Binance), osETH (Stakewise), swETH (Swell), AnkrETH (Ankr), EthX (Stader), and OETH (Origin ETH).
Acquire ETH from a trusted exchange such as Binance to facilitate restaking on the supported platforms.
Restake your acquired ETH on one of the aforementioned platforms to obtain their respective LSTs.
Once you have obtained the LSTs, return to the EigenLayer platform to stake your tokens.

Earn EigenLayer Points

By staking tokens on EigenLayer, you will commence earning EigenLayer points, which serve as a metric for measuring your contribution to the EigenLayer ecosystem.
Additionally, you may earn more EigenLayer points and qualify for potential airdrops by engaging with other projects utilizing the EigenLayer protocol.

Interacting with Other Projects

Swell: Stake ETH on Swell and restake swETH on EigenLayer to earn PEARL points and EigenLayer points.
Ether.fi: Stake on Ether.fi to earn EigenLayer points and ether.fi points, with potential rewards for early users.
Renzo: Stake ETH on Renzo to earn Renzo points and EigenLayer points, with hints of rewarding early users.

Speculative Airdrop Possibility

EigenLayer is yet to launch its own token but may do so in the future. Early users actively engaging with the platform and accumulating points stand a chance to receive an airdrop if EigenLayer launches its token.

Task 2: Testnet

Visit EigenLayer Testnet Page

Access the EigenLayer testnet page and connect your Metamask wallet.
Switch the network to Goerli to interact with the testnet environment.

Supported Pools and Tokens

Currently, EigenLayer’s testnet includes Lido’s stETH and Rocket Pool’s rETH pools for testing purposes.
Obtain Goerli ETH from the provided faucet to facilitate testing.
Send Goerli ETH to Lido’s stETH token contract address to receive Lido’s stETH tokens automatically.
Visit Rocket Pool’s testnet page and stake your Goerli ETH to obtain Rocket Pool’s rETH tokens.

Stake Testnet Tokens on EigenLayer

Return to EigenLayer’s testnet page and select “Rocket Pool ETH” to stake your rETH tokens.
Next, choose the “Lido Staked Ether” pool and stake your stETH tokens.

Verification and Security

Don’t forget to verify yourself with Gitcoin Passport to ensure proof of humanity and prevent bot activity. Creating a Gitcoin Passport and collecting stamps can increase your wallet’s credibility and likelihood of being considered for airdrops.

Disclaimer

Please note that while EigenLayer may potentially conduct an airdrop in the future and launch its token, there are no guarantees. Participation in the EigenLayer ecosystem and accumulation of points are speculative actions.

Explore Other Projects

Interested in exploring projects without their own token yet that could potentially conduct retroactive airdrops? Check out our list of potential projects to stay informed about the latest DeFi airdrop opportunities!