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Home » Typography Elements » Restaking Airdrop: Simplifying On-Chain Procedures vs. Streamlining the Process with One-Click Subscription
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Restaking Airdrop: Simplifying On-Chain Procedures vs. Streamlining the Process with One-Click Subscription

By adminMay. 22, 2024No Comments3 Mins Read
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Restaking Airdrop: Simplifying On-Chain Procedures vs. Streamlining the Process with One-Click Subscription
Restaking Airdrop: Simplifying On-Chain Procedures vs. Streamlining the Process with One-Click Subscription
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This year, the most popular track in the cryptocurrency industry is undoubtedly Restaking. Its convincing narrative, enormous Total Value Locked (TVL), and new airdrop opportunities have captured the market’s attention and the Defi trend led by Restaking is creating new wealth opportunities. If you haven’t participated in Restaking yet, now is the best time to join.

However, participating in Restaking requires a certain threshold and users need to perform a large number of on-chain operations. Taking EigenLayer as an example, users need to first obtain ETH in their Ethereum wallets, pledge ETH as liquidity staking tokens (LST) through a liquidity staking protocol, and then restake LST on EigenLayer. During this process, users not only incur gas costs but also need to lock their assets for a long time. Even when using liquidity staking protocols, users still need to make choices and consider the risks and potential returns of different protocols. If the chosen protocol is not of high quality, assets may be at risk.

To address these pain points, Huobi HTX has launched the Liquid Restaking service, greatly simplifying the cumbersome on-chain operations mentioned above and significantly reducing the threshold for participating in Restaking. Now, users only need to hold assets such as BTC and ETH in their Huobi HTX spot or contract accounts, click “One-Click Activation” on the Liquid Restaking interface, and start accumulating points to easily restake their assets. These points can be used to redeem various rewards, including airdrops from multiple popular restaking projects.

Since there is no need to perform on-chain staking operations, users do not incur any gas costs. Assets in spot and contract accounts on the exchange can still be used for trading, without being locked. This CeFi approach to playing DeFi maximizes the simplicity of the Restaking process and maximizes liquidity, making it a major innovation by Huobi HTX in the industry.

But why can we trust Huobi HTX Liquid Restaking? The reason is simple: all the projects it has chosen to cooperate with, Merlin, BounceBit, EigenLayer, and Puffer, are heavily supported by Justin Sun himself. From on-chain information, it can be seen that Justin Sun started supporting restaking with a large amount of funds early on and is a veteran, even a “top player,” in this field. Participants of Huobi HTX Liquid Restaking are actually on the same front as Justin Sun, with their interests deeply tied to his. Therefore, users can completely trust this innovative business “handpicked” by Justin Sun and save the trouble of researching different projects.

In the previous Merlin airdrop, Huobi HTX Liquid Restaking has already achieved tremendous success, with the highest individual user receiving over 110,000 MERL airdrop rewards. Recently, Huobi HTX has once again upgraded Liquid Restaking, adding a $50 million reward pool, with a total reward pool exceeding $150 million, and there are still airdrops from three major star projects, BounceBit, EigenLayer, and Puffer, to be earned. On May 22nd, they even launched ETHFI and zkLink project rewards, and will start point redemption at the end of the month.

As the saying goes, if you haven’t participated in Huobi HTX Liquid Restaking yet, now is the best time to join.

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