EigenLayer Airdrop x10 Strategy

DErr...CbQS
24 Jan 2024
6

EigenLayer Airdrop x10 Strategy


Here are 3 strategies to maximize your $EIGEN Airdrop.
Get 10x $EIGEN and get even more airdrops.

HOW ?

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Pendle eETH Pool 3 Strategies
https://x.com/pendle_fi/status/1745067042867433718?s=20…
>> Just Buy or mint eETH on @pendle_fi
Market
You'll need to choose between 3 strategies

YT eETH
Airdrop and point farming boosting purposes
➬ It's the same as purchasing a boosted airdrop point.

Restaking Reward
x10 EigenLayer Point
x20 etherfi Point
Future Airdrop, Point

LP eETH (PT+YT)
Earn Airdrop points and rewards with less risk
➬ It's the same as staking ETH on etherfi, but with more rewards.

ETH Staking APY
Restaking Reward
x1 EigenLayer Point
x1 etherfi Point
$PENDLE LP Incentives
PT yields APY
Swap fees

PT eETH
Boosting your ETH staking APY
(Not interested in airdrops)
➬ Earn more ETH APY abandoned by YT. (27% APY)

ETH Staking APY
PT yields APY


>> There are many LRT platforms out there, but Pendle's eETH product offers an overwhelming reward compared to other platforms.

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Profitability calculation

This reproduces many assumptions and includes Hopium

Estimating the value of the etherfi airdrop


According to @PendleIntern
's calculations, a 1ETH to YT swap would yield almost $8K in profit.
However, this only counts etherfi tokens, and since our focus is on $EIGEN, the return can be even greater

Estimating the value of the EigenLayer airdr
op

https://x.com/ThorHartvigsen/status/1747263064909685071?s=20…

@ThorHartvigsen
calculates the potential return on the EigenLayer airdrop at 75.4% APR.
This is the return calculation for a normal strategy, so when you switch to the YT-eETH strategy, it's 75.4% APR x 10

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Notes

- All of these strategies have risks and require an understanding of how they work.
- Pendle eETH(YT,LP,PT) to expire on June 27th
- Upon expiration, PT-eETH can be redeemed 1:1 for eETH
- LP has zero IL
- The prices of YT and PT interact with each other
- It is important to understand that the value of YT may decrease as it approaches expiration.

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I hope you've found this thread helpful.

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