We embark on the second epoch of our Nektar Drops program (see initial announcement). We are thrilled to introduce some exciting changes and new initiatives that will provide even more opportunities for our community members to earn points.
Here’s everything you need to know about Epoch 2, from June 3rd until end of the month.
Continuity in Current Initiatives on Mainnet
There will be no changes to the following initiatives: both the Sommelier and Fyde initiatives continue to be eligible, providing our loyal participants with the same benefits they have enjoyed in Epoch 1.
An upgrade for the Enzyme Vaults
We are introducing a boost for deposits in Enzyme vaults:
For the June epoch, participants inside the Enzyme vaults will now earn 40 Drops per ETH per day.
New Nektar Drops Initiatives
Four New bsdETH Integrations — because Nektar is Based
We are excited to announce the addition of four new bsdETH initiatives, all with the same rate of rewards as the initial bsdETH campaigns (20 Drops / ETH-equivalent / day)
Aerodrome WETH/bsdETH concentrated liquidity pool on Aero: Participate in the Aerodrome pool.
Aerodrome bsdETH/hyUSD: for bsdETH-hyUSD deposited on Aerodrome.
Aerodrome bsdETH/RSR: for bsdETH-RSR deposited on Aerodrome.
Beefy Vault bsdETH/RSR: for bsdETH-RSR deposited on Beefy.
Drops for Testnet Participants
There will be Nektar Drops for upcoming full testnet participants (launching very soon 👀)
For each Diva node: Get 50 points per day per key share.
Points will be allocated retroactively at the end of the month and only for those who join the new full testnet that will be launched soon!
Introducing Opportunities for Builders & future Restakers (LRT Projects)
With this second epoch, we’re introducing a new category to give more participants the chance to accrue Nektar Drops. This is an exciting opportunity to be among the first LRT pools live on Nektar.
Conditions:
A vault-like contract that accepts deposits that will be restaked with Nektar.
Can be built on Ethereum or other chains, and accept ETH or any type of deposits.
Deposits in restaking vaults earn Drops (10 points per ETH per day).
If the vault launches before the end of June, deposits will get 2x points for 30 days from the launch date.
Cap: Only the first 100k ETH deposited can earn Drops this epoch.
Points can accrue directly to the users/depositors or to the vault/protocol (or split).
Interested? Open a ticket in Discord or reach out to coordinate and receive our support!
We are excited to see how our community will keep growing with these new initiatives and upgrades. Thank you for your continued support and participation in the Nektar Drops loyalty program. Stay tuned for more updates and happy earning!
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