The EigenLayer ecosystem is an innovative development in the Web3 world, enabling individuals to stake one set of ETH across multiple protocols at the same time.
EigenLayer Restaking is available within the Crypto.com App, letting you conveniently access the ecosystem without having to download any additional software.
If you were seeking out additional opportunities to grow your ETH holdings, now’s the time to try out EigenLayer Restaking. What’s more, we’re doubling your rewards rate for a limited time only in the ETH EigenLayer Restaking Campaign!
This translates into an extra 3.5% p.a. for your allocation. Earn the bonus simply by making an ETH deposit or purchase.
Campaign Period: 25 July 2024, 10:00 UTC – 8 August 2024, 10:00 UTC
How do I participate?
- Sign up or sign in to the Crypto.com App (Guide)
- Go to the campaign section on the home screen and tap ETH EigenLayer Restaking Campaign > Join Now
- Perform at least US$100 worth of ETH Net Buys* during the Campaign Period (Guide)
- Stake any amount of ETH to EigenLayer Restaking during the Campaign Period** and maintain your stake until 6 November 2024, 23:59 UTC
All users who perform at least US$100 of ETH Net Buys by the end of the Campaign Period will enjoy an extra 3.5% p.a. on their ETH stake (in EigenLayer Restaking) in Step 4***.
This is in addition to the rewards rate displayed in the Crypto.com App. There are no limits to the number of winners.
The rewards will be distributed to the winners’ Crypto.com App accounts by 30 November 2024, 23:59 UTC.
Please note that restaked points from EigenLayer are not eligible for the enhanced rewards rate. Your ETH staking rewards will receive the bonus 3.5% p.a.
*‘Net Buys’ as stated herein shall mean the total US$ value of purchases and deposits of ETH, which can be expressed as follows: Net Buys (ETH) = Buys (ETH) – Sell(ETH)
**The Qualifying Staked Amount is the lowest of the following four numbers: (1) Total Net Deposits during the Campaign Period, (2) Total ETH staked in EigenLayer Restaking during the Campaign Period, (3) Average Daily Balance of ETH staked in EigenLayer Restaking during 90 days post the Campaign Period, or (4) Maximum Qualifying Staked Amount stated below. The additional rewards will be calculated as 3.5% x (90 / 365) x Qualifying Staked Amount.
***The Maximum Qualifying Staked Amount is capped at 0.5 ETH. Rewards will only be credited if the participant maintains their stake until 6 November 2024, 23:59 UTC. Terms and conditions apply.
Useful Links:
Notes:
- Participation in the campaign is strictly optional.
- The relevant Net Buys’ exchange rate and Qualifying Staked Amount shall be as determined and calculated in Crypto.com’s sole and absolute discretion.
- For the terms of the Campaign, please refer to the Official Rules of Limited Offer. Participation in this Campaign is also subject to the Crypto Earn Terms & Conditions and Privacy Notice.
- The rewards will be distributed in a lump sum to eligible recipients in ETH tokens by 30 November 2024. Qualifying recipients must maintain their stake in the Qualifying Staking Duration.
- The Campaign is offered by Crypto.com to Crypto.com App users who have successfully completed the identification process and all other onboarding procedures specified in the Crypto.com App by the end of the campaign period.
- Crypto.com reserves the right to cancel the campaign or amend the campaign mechanics or rules at any time at our sole discretion.
- By participating in the Campaign, participants acknowledge having read the Crypto.com Global Marketing Privacy Notice, which is published at https://crypto.com/privacy/marketing and understand that we may use their personal information for the purposes of identity verification, assessing their eligibility to participate in the campaign, and reward redemption.
- In the event of any dispute, Crypto.com reserves the right to make all final decisions regarding the campaign.
- Nothing contained herein shall be construed to be financial advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Crypto.com to invest, buy or sell any digital assets. Purchasing cryptocurrencies involves a high degree of risk, and there is always the possibility of loss, including the loss of all or a substantial amount of your purchase price. Please seek professional advice before making any financial, investment, or trading decisions.
