EigenLayer’s LST deposit window may be over, but we’re just getting started. Today, we’ve added ETH deposits to PrimeStaked’s Michelin-grade menu, allowing you to restake native ETH at your leisure to earn multiple streams of incentives.
In addition to minting primeETH directly on PrimeStaked, holders can also take advantage of the ETH/primeETH Uniswap pool to acquire primeETH. Both swaps and mints are eligible for Eigen Bonus Week, which we’ll delve into further below.
We’ve turned up the heat in preparation for native ETH restaking. New deposits to primeETH will receive up to 156 bonus EigenLayer points per ETH deposited, and our integration with ssv.network enables primeETH holders to earn boosted staking APYs up to 40% from SSV token incentives.
To celebrate the launch of native ETH deposits, we’re offering up to 1 million EigenLayer Restaked Points from our treasury to new depositors. Early depositors will receive the biggest rewards, starting at up to 156 EigenLayer Points per primeETH held.
Eigen Bonus Week will start on March 18th at 7pm UTC (12pm PDT). For the first 24 hours, new depositors will earn a 4.20x boost on their EigenLayer points. For the following 3 days, holders will earn a 1.69x boost, followed by a 1.420x boost for the final three days. As a reminder, Eigen Bonus Week will end when all 1 million EigenLayer Points are allocated, or when the 7-day period concludes.
To qualify for Eigen Bonus Week, you’ll need to mint primeETH or swap for primeETH on Uniswap before or during the campaign. Get in early to maximize your points. Users that deposit ETH for primeETH before Eigen Bonus Week starts will earn bonus points through the entirety of the campaign (or until the 1 million points run out).
Any amount of ETH can be deposited on PrimeStaked. Since native ETH staking requires a minimum of 32 ETH, PrimeStaked will stake ETH deposits in batches of at least 32 ether, then restake these funds on EigenLayer to earn Restaked Points.
PrimeStaked implements distributed validator technology (DVT) through its integration with ssv.network. By using ssv.network, primeETH holders become eligible for SSV token incentives, adding an additional bonus for restaking via PrimeStaked. While rewards are variable, ETH staking APYs are currently boosted by 40% through SSV token incentives.
In contrast to LSTs, EigenLayer’s ether deposits are uncapped, allowing node operators to restake their holdings without time or size constraints. PrimeStaked integrates P2P.org as its staking provider, offering a seamless way to restake ETH while earning SSV incentives. At present, more than 1.3M native ETH has been restaked to EigenLayer.
Restaking with PrimeStaked serves up tantalizing opportunities for ETH holders. Depositing native ETH allows you to mint the platform’s versatile LRT, primeETH, offering maximum capital efficiency and unlocking liquidity for use in DeFi and beyond. At the same time, restakers accrue staking APYs, EigenLayer Points, SSV token incentives, and primeETH XP.
PrimeStaked is your gateway to earning four streams of rewards in a single platform. Earn ETH staking yield boosted by SSV token incentives, and position yourself for future rewards from EigenLayer and PrimeStaked.
We’re cooking up a gourmet selection of new features for PrimeStaked adopters. Join the Origin Discord and follow us on X to be first in the door.
