Talk about the popular Eigenpie, how to stake to double the points?

Written by: 2lambroz

Compiled by: Deep Tide TechFlow

Introduction

Re-staking is a significant narrative in this bull market, and Eigenpie has suddenly gained popularity in the re-staking space over the past two days. This article will guide you on how to stake on Eigenpie to achieve the highest returns!

Main Text

I believe Eigenpie is currently the re-staking project with the highest return on investment. Read this article to understand why and use my strategy to achieve a 2x points boost!

In simple terms, Eigenpie is a re-staking protocol that launched a $3 million FDV IDO, airdropping 10% of the funds to early depositors, and this project has no VC investment.

We can earn Eigenlayer and Eigenpie points, and I have found a way to maximize Eigenpie points by up to 2x!

What is Re-staking

First, let's talk about what re-staking is. Re-staking uses the same staked ETH to secure many other networks while protecting Ethereum PoS.

Here's how it works:

Stake ETH to get stETH

Stake stETH to Eigenlayer

Eigenlayer provides trust for other services

Why I Am Loyal to Eigenpie

I am a simple investor, and my goal is good investment returns. Eigenpie has:

A Proven Team

$3 million IDO FDV (very cheap compared to other products on the market)

No VC Investment

Clear and transparent points-to-token ratio (10% of the tokens)

And I found a way to earn double points.

Token Model

IDO: 40%

Community Incentives: 35%

Magpie Treasury: 15%

Early Supporter Airdrop: 10%

How to Stake for 2x Points

The points system operates in this way: LST deposits earn 1 point/hour for every 1 ETH.

Points are provided as a gain based on the total size of a team; the larger the team, the greater the boost, up to a maximum of 2x, so it's best to team up.

I found a whale team, and by joining their team, you can earn double points!

Click here to use this whale team's link to get 2x points.

(Note: The above content is for translation only and does not constitute any advice. Please DYOR.)

How to Deposit

Please make sure to click the link above to get a 2x points boost before depositing.

If you deposit without clicking the link, you will not receive the 2x points boost.

The following assets can be deposited:
$stETH

$mETH

$sfrxETH

$rETH

Gas Fees

When I selected "approve," it cost me about 0.0006 ETH.

When I selected "stake," it cost me about 0.0026 ETH.

About 10-15 minutes later, you should be able to check your dashboard to see if your points have increased by 2x.

If you are concerned about smart contract risks, I recommend diversifying your deposits across four different LST options. Eigenpie uses an isolated liquid staking design, where each pool is separate for risk management.

More LST assets will be available for staking on Eigenpie in the future, but since points are earned at 1 point/hour/ETH, I recommend depositing the available tokens first.

My Opinion

Eigenpie is taking action to reward their supporters, rather than those annoying protocols that just talk, saying "I will give you points, maybe you will get something cool."

If a protocol wants users and a community, then faking points and pretending to offer users some rewards, but ultimately just to make on-chain metrics look better, will only lead to the protocol's downfall.