3 airdrops for the price of one: EigenLayer, Renzo Protocol, Zircuit

🟢 Level: Easy
⌛ Time: 10 minutes
⛽ Gas fee: ~$100 gas fee

Staking involves locking an amount of ETH to help secure the network. Crypto participants stake ETH to earn rewards. The Ethereum protocol has a minimum deposit requirement of 32 ETH, which is the equivalent of about $87,000 as of this writing.

EigenLayer

EigenLayer is a decenralized protocol allows users to restake ETH for higher rewards.
Its TVL has surged over 2,000% in less than two months and in 2024 is the 5th-largest DeFi protocol. EigenLayer's unique offering allows ETH stakers to secure other protocols for additional rewards without unstaking.
Ethereum restaking is a concept proposed by EigenLayer. It enables stakers on the Ethereum network to use their staked ETH to secure other protocols and earn additional rewards without having to unstake their tokens.


AVSs on EigenLayer can leverage Ethereum's security and decentralization capabilities. By deploying on EigenLayer, these services bypass the need to set up independent validation mechanisms.

Renzo Protocol

As mentioned before, you need a minimum deposit requirement of 32 ETH to start a node for Ethereum staking. With Renzo you don't need to hold 32 ETH and may restake as little or as much ETH as you want. After staking ETH, the user receives ezETH - staking reward token by Renzo Protocol.

Zircuit

The Zircuit staking program is designed to reward participating users and communities that help bootstrap native, day-one liquidity to Zircuit. Users are able to earn Zircuit Points through staking. Just like Renzo, there is no minimum deposit requirement to earn Zircuit Points and the multipliers for the assets do not change regardless of the deposit amount.

And now the most important thing - if you have 1 ETH, you can earn points in all 3 protocols at once. That is, he will not have to invest in projects separately to get tokens from each of them. This seriously increases the chances of a good airdrop.

Step-By-Step Guide

Step 1️⃣:
Open Renzo Protocol App and connect your Ethereum wallet



Step 2️⃣:

Transfer ETH to ezETH by clicking Confirm and signing the transaction



By converting ETH into ezETH, we receive Eigenlayer and Renzo ezPoints
Points can be tracked on the Portfolio tab (accrued every 24 hours)
Withdrawals will be available at the end of the first quarter (i.e. in March)


Step 3️⃣:
Launch Zircuit App and connect your Ethereum wallet with ezETH on the balanсe.
The link above is referral. You can't register without the referral code. When you click on the link, you will see the referral code already entered. If it did not happen automatically, enter the code VDAKLD



Step 4️⃣:
Once the wallet is connected, you will see a list of tokens available for restaking via Zircuit.
In the line with Renzo logo, click Max and confirm the transaction


Points balance can be found in the Points section, they are updated every second without delay. You can withdraw any time and keep the points and yield already earned.