London, UK – 15/05/2024 – (SeaPRwire) – YieldNest, an progressive liquid restaking protocol, proudly proclaims the official launch of ynETH on Mainnet after securing $5.2MIL of their preliminary spherical. This was all made attainable on account of the arduous work and dedication of their group and marks the beginning of a brand new chapter.
A phrase from the CEO of YieldNest about this achievement:
“We are thrilled to announce the launch of YieldNest on Mainnet. This milestone represents our dedication and vision to revolutionize the liquid restaking landscape. With YieldNest, we are not just providing a solution; we are shaping the future of decentralized finance. ” Amadeo Manufacturers
Restaking ETH on YieldNest is straightforward, the place customers obtain ynETH (a local liquid restaking token) to earn base layer and restaking rewards. YieldNest gives a simple resolution for ETH holders to natively restake their ETH into EigenLayer and earn rewards with out sacrificing liquidity.
YieldNest’s mission is to make sure a seamless and safe person expertise, whereas concurrently enhancing the Ethereum ecosystem and delivering constant, sustainable yields to its customers over the long run.
Simplified overview of the rewards prospects
Particular Launch Program
To have fun the launch on Mainnet and reward early supporters, YieldNest launched their Seeds Program. Customers have the distinctive alternative to obtain a 5x increase multiplier on their Seeds for 7 days.
This unique marketing campaign ends on Could 21, at 11:59 PM UTC.
Pioneer Program
To make it much more thrilling – YieldNest is launching their Pioneer Program, which rewards customers who restake 5 ETH or extra. They are going to obtain eligibility to mint an unique NFT that may present a 15% everlasting Seed increase.
This unique marketing campaign ends on Could 28, at 11:59 PM UTC.
Are you able to be among the many FIRST to maximise your ETH rewards? Observe this step-by-step information to restake your ETH.
It’s time to dive into YieldNest.
Why YieldNest?
YieldNest ensures excessive safety and threat administration. They just lately acquired high tier safety audits from ChainSecurity and Zokyo. Additionally they launched their unbiased threat and analysis group, the YieldNest Danger Workforce which is powered by the LlamaRisk group from Curve. This group fastidiously selects and totally vets operators and AVSs with the best attainable risk-adjusted yield with threat evaluation.
To not point out that YieldNest is backed by the very best of the business. Hereby a couple of notable names:
Lead Contributor College Group, together with enterprise capitalists Backed VC, Frax Founder Sam Kazemian, Curve founder Michael Egorov, Kyber founder Loi Luu, Convex co-founders Winthorpe & C2TP, Proof Capital, LVT Capital, Contango, Mozaik Capital, Kahuna, Rana Capital, Insignius Capital, CKC, and angels & advisors from blue-chip DeFi groups at Algorand (Steve Kokinos), Curve (Martin Krung & Nagaking), Moralis (Ivan on Tech), Yearn (Wavey), Google (Allen Day) & others.
Find out how to get ynETH?
- Restaking with YieldNest is straightforward and safe:
- Go to their web site
- Go to the app
- Choose ynETH
- Choose the quantity of ETH you need to deposit
- Verify the transaction
- Performed!
YieldNest has just lately launched, so you might be nonetheless early. Ensure you seize your likelihood to be one of many first and get rewarded alongside the way in which.
For press inquiries regarding YieldNest, please contact media@yieldnest.finance.
About YieldNest
Led by a group of business veterans, YieldNest goals to develop into EigenLayer’s high liquid restaking resolution, unlocking the subsequent technology of ETH yields by custom-tailored restaking methods.
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