London, UK – 15/05/2024 – (SeaPRwire) – YieldNest, an revolutionary liquid restaking protocol, proudly broadcasts the official launch of ynETH on Mainnet after securing $5.2MIL of their preliminary spherical. This was all made doable because of the arduous work and dedication of their workforce 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 easy, the place customers obtain ynETH (a local liquid restaking token) to earn base layer and restaking rewards. YieldNest supplies a simple answer 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 potentialities

Particular Launch Program

To rejoice the launch on Mainnet and reward early supporters, YieldNest launched their Seeds Program. Customers have the distinctive alternative to obtain a 5x enhance multiplier on their Seeds for 7 days.

This unique marketing campaign ends on Might 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 may obtain eligibility to mint an unique NFT that can present a 15% everlasting Seed enhance.

This unique marketing campaign ends on Might 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 lately obtained prime tier safety audits from ChainSecurity and Zokyo. Additionally they launched their unbiased threat and analysis group, the YieldNest Danger Crew which is powered by the LlamaRisk workforce from Curve. This workforce fastidiously selects and absolutely vets operators and AVSs with the very best doable risk-adjusted yield with threat evaluation.

To not point out that YieldNest is backed by the most effective of the business. Hereby just a few notable names:

Lead Contributor School 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.

Easy methods to get ynETH?

• Restaking with YieldNest is easy and safe:
• Go to their web site
• Go to the app
• Choose ynETH
• Choose the quantity of ETH you need to deposit
• Affirm the transaction
• Accomplished!

YieldNest has lately launched, so you might be nonetheless early. Ensure you seize your probability to be one of many first and get rewarded alongside the best way.

For press inquiries regarding YieldNest, please contact media@yieldnest.finance.

About YieldNest

Led by a workforce of business veterans, YieldNest goals to turn into EigenLayer’s prime liquid restaking answer, unlocking the following technology of ETH yields by way of custom-tailored restaking methods.

The article is supplied by a third-party content material supplier. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.

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