lpETH Pre-Launch: A New Era for Staked Liquidity

Tenderize Team
by Tenderize Team

Sep 9, 2024 3 min read

lpETH Pre-Launch: A New Era for Staked Liquidity

DeFi Summer 2.0 is just around the corner, and lpETH is leading the charge with a revolutionary liquidity protocol for (re)staked ETH. We’re offering stakers and liquidity providers an opportunity to get in early, earn boosted rewards, and help shape the future of DeFi. You can Pre-Deposit now via this link: https://app.lpeth.xyz/pre-launch

Instantly unstake for a minimal fee. Borrow against your stake without depeg risk. Bribe liquidity providers to maximize your returns. All of this happens in one unified liquidity pool designed to streamline the staking ecosystem.

A Liquidity Solution Designed for the Future

Our goal is simple: solve the inefficiencies that plague liquidity today and provide a superior experience for both stakers and liquidity providers. lpETH is not just another liquidity protocol—it’s a breakthrough designed to solve core problems with liquid (re)staking today.

By joining our Pre-Launch Campaign, you can lock in generous incentives before the pool goes live and secure your spot in the future of DeFi.

lpETH Pre-Launch: Key Details

The lpETH Pre-Launch is a limited-time opportunity to become an early liquidity provider and secure boosted incentives before the pool officially goes live. Here’s what you need to know:
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  1. Hard Cap: A maximum of 80,000 ETH will be accepted during the pre-launch phase.
  2. Point Distribution: 30,000,000 LP points will be allocated based on the weighted value of your deposit.
  3. Deposit Period: The deposit phase lasts for 4 weeks. Participants can deposit, adjust their lockup duration, or withdraw at any time during this period.
  4. Boosted Rewards: Deposits are weighted by lockup duration. The longer the lockup, the higher the multiplier on your rewards.
  5. Claiming Deposits: At the end of the deposit phase, your deposits will be converted into veLPETH, representing your share of the liquidity pool.

Maximizing Your Rewards

Here are a few strategic tips to help you make the most of the pre-launch:

  1. Deposit Early: With a hard cap of 80,000 ETH, early deposits will have a greater chance of securing rewards before the cap is reached.
  2. Monitor Your Effective Multiplier: Keep an eye on your multiplier and adjust your lockup duration as needed to ensure you’re maximizing your potential rewards.

Example:

User Deposit Lockup Multiplier Weighted Deposit Effective Multiplier
Alice 10 ETH 26 weeks 2.5 25 1
Bob 20 ETH 13 weeks 1.25 25 1
Charlie 5 ETH 52 weeks 5 25 1

In this scenario, despite differing deposit amounts and lockup durations, each user achieves an equal weighted deposit, resulting in an equal share of the 30,000,000 LP points.

Join Now: Secure Your Share of the Future

The lpETH Pre-Launch is your opportunity to be an early participant and secure a significant share of the liquidity rewards. With major partners such as Turtle Club and Dewhales joining us, the momentum is building fast.

This is your chance to be part of a new chapter in DeFi. Don’t miss out on this limited opportunity to join early and position yourself for long-term success.

🔗 Learn More and Join the Pre-Launch Campaign:

Website
Whitepaper
Discord
Pre-Deposit here: https://app.lpeth.xyz/pre-launch

 

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