(PRESS RELEASE – London, United Kingdom, May 16, 2024)
Performance Nestan innovative liquid recovery protocol, proudly announces the official launch of ynETH on Mainnet after securing twitter.com/YieldNestFi/status/1779906869429232031″ target=”_blank” rel=”nofollow noopener” data-wpel-link=”external”>$5.2MIL in its initial round. This was all possible thanks to the hard work and dedication of his team and marks the beginning of a new chapter.
A few words from the CEO of YieldNest about this achievement:
“We are delighted to announce the launch of YieldNest on Mainnet. This milestone represents our dedication and vision to revolutionize the liquid recovery landscape. With YieldNest, we don't just provide a solution; We are shaping the future of decentralized finance. ” Amadeo Marcas
Replenishing eth on YieldNest is simple, where users receive ynETH (a native liquid recovery token) to earn base layer and recovery rewards. YieldNest provides a simple solution for eth holders to natively stake their eth into EigenLayer and potentially earn rewards without sacrificing liquidity.
YieldNest's mission is to ensure a secure and seamless user experience, while improving the ethereum ecosystem and delivering consistent and sustainable ynETH to its users in the long term.
Simplified overview of rewards possibilities
Special launch program
To celebrate the Mainnet launch and reward early followers, YieldNest launched its Seed Programgiving users the opportunity to receive a 5x boost multiplier on their Seeds for 7 days.
This exclusive campaign ends on May 21 at 11:59 pm UTC.
Pioneer program
YieldNest is launching its Pioneer programrewarding users who re-stake 5 eth or more with the eligibility to mint an exclusive nft that provides a permanent 15% seed boost.
This exclusive campaign ends on May 28 at 11:59 pm UTC.
Users can follow this. step by step guide to stake your eth.
Why YieldNest?
YieldNest guarantees high security and risk management. They recently received the first level security audits from ChainSecurity and Zokyo. They also launched their independent research and risk group, the YieldNest Venture Team which is powered by Curve's LlamaRisk team. This team carefully selects and fully vets operators and AVS with the highest possible risk-adjusted performance with risk assessment.
Not to mention, YieldNest is backed by the best in the industry. Here are some notable names:
Lead contributor faculty group, along with venture capitalists Backed VC, Frax founder Sam Kazemian, Curve founder Michael Egorov, Kyber founder Loi Luu, Convex co-founders Winthorpe and C2TP, Proof Capital , LVT Capital, Contango, Mozaik Capital, Kahuna, Rana Capital. , Insignius Capital, CKC, and angels and advisors to top DeFi teams at Algorand (Steve Kokinos), Curve (Martin Krung & Nagaking), Moralis (Ivan on tech), Yearn (Wavey), Google (Allen Day), and others . .
How to get ynETH?
Renewing with YieldNest is simple and secure:
- Visiting the website.
- Navigating to the application.
- Selecting ynETH.
- Choose the amount of eth to deposit.
- Confirm Confirming the transaction.
For media inquiries about YieldNest, please contact [email protected].
About YieldNest
Led by a team of industry veterans, YieldNest aims to become EigenLayer's leading liquid recovery solution, unlocking the next generation of eth returns through customized recovery strategies.
YieldNest is the source of this content. This press release is for informational purposes only. The information does not constitute investment advice or an investment offer.
Binance Free $600 (CryptoPotato Exclusive) – Use this link to register a new account and receive an exclusive welcome offer of $600 on Binance (All the details).
LIMITED OFFER 2024 for CryptoPotato readers on Bybit: Use this link to register and open a $500 btc-USDT position on the Bybit Exchange for free!
<!– ai CONTENT END 1 –>
<script async src="//platform.twitter.com/widgets.js” charset=”utf-8″>
