{"id":1807,"date":"2024-05-16T11:51:58","date_gmt":"2024-05-16T11:51:58","guid":{"rendered":"https:\/\/cryptd.in\/liquid-restaking-protocol-yieldnest-launches-yneth-on-mainnet\/"},"modified":"2024-05-16T11:51:58","modified_gmt":"2024-05-16T11:51:58","slug":"liquid-restaking-protocol-yieldnest-launches-yneth-on-mainnet","status":"publish","type":"post","link":"https:\/\/cryptd.in\/el\/liquid-restaking-protocol-yieldnest-launches-yneth-on-mainnet\/","title":{"rendered":"\u03a5\u03b3\u03c1\u03cc \u03c0\u03c1\u03c9\u03c4\u03cc\u03ba\u03bf\u03bb\u03bb\u03bf \u03b5\u03c0\u03b1\u03bd\u03b1\u03c6\u03bf\u03c1\u03ac\u03c2 YieldNest \u03b5\u03b3\u03ba\u03b1\u03b9\u03bd\u03b9\u03ac\u03b6\u03b5\u03b9 \u03c4\u03bf ynETH \u03c3\u03c4\u03bf Mainnet"},"content":{"rendered":"

[PRESS RELEASE \u2013 London, UK, May 16th, 2024]<\/strong><\/p>\n

YieldNest<\/a>, an innovative\u00a0liquid restaking protocol, proudly announces the official\u00a0launch of ynETH on Mainnet after securing $5.2MIL in their initial round<\/a>. This was all made possible as a result of the\u00a0hard work and dedication of their team and marks the start of a new chapter.<\/p>\n

A word from the CEO of YieldNest about this achievement:<\/p>\n

\u201cWe are thrilled to announce the launch of YieldNest on Mainnet. This milestone represents our dedication and vision to revolutionize the liquid restaking landscape. With YieldNest, we are not just providing a solution; we are shaping the future of decentralized finance. \u201d Amadeo Brands<\/p>\n

Restaking ETH on YieldNest is simple, where users receive ynETH (a native liquid restaking token) to earn base layer and restaking rewards. YieldNest provides an easy solution for ETH holders to natively restake their ETH into EigenLayer and potentially earn rewards without sacrificing liquidity.<\/p>\n

YieldNest\u2019s mission is to ensure a seamless and secure user experience, while simultaneously enhancing the Ethereum ecosystem and delivering consistent, sustainable ynETH to its users over the long term.<\/p>\n

<\/strong><\/p>\n

Simplified overview of the rewards possibilities<\/p>\n

Special Launch Program<\/strong><\/p>\n

To celebrate the launch on Mainnet and reward early supporters, YieldNest launched their Seeds Program<\/a>, giving users the chance to receive a 5x boost multiplier on their Seeds for 7 days.<\/p>\n

This exclusive campaign ends on May 21, at 11:59 PM UTC.<\/p>\n

Pioneer Program<\/strong><\/p>\n

YieldNest is launching their Pioneer Program<\/a>, rewarding users who restake 5 ETH or more with eligibility to mint an exclusive NFT that provides a 15% permanent Seed boost.<\/p>\n

This exclusive campaign ends on May 28, at 11:59 PM UTC.<\/p>\n

Users can follow this step-by-step guide<\/a> to restake their ETH.<\/p>\n

Why YieldNest?<\/strong><\/p>\n

YieldNest ensures high security and risk management. They recently received top tier security audits<\/a> from ChainSecurity and Zokyo. They also launched their independent risk and research group, the YieldNest Risk Team<\/a> which is powered by the LlamaRisk team from Curve. This team carefully selects and fully vets operators and AVSs with the highest possible risk-adjusted yield with risk assessment.<\/p>\n

Not to mention that YieldNest is backed by the best of the industry. Hereby a few notable names:<\/p>\n

Lead Contributor Faculty Group, along with venture capitalists Backed VC, Frax Founder Sam Kazemian, Curve founder Michael Egorov, Kyber founder Loi Luu, Convex co-founders Winthorpe & C2TP, Proof Capital, LVT Capital, Contango, Mozaik Capital, Kahuna, Rana Capital, Insignius Capital, CKC, and angels & advisors from blue-chip DeFi teams at Algorand (Steve Kokinos), Curve (Martin Krung & Nagaking), Moralis (Ivan on Tech), Yearn (Wavey), Google (Allen Day) & others.<\/p>\n

How to get ynETH?<\/p>\n

Restaking with YieldNest is simple and secure:<\/p>\n

Visiting the website<\/a>.
\nNavigating to the app.
\nSelecting ynETH.
\nChoosing the amount of ETH to deposit.
\nConfirm Confirming the transaction.<\/p>\n

For press inquiries concerning YieldNest, please contact media@yieldnest.finance.<\/p>\n

About YieldNest<\/h2>\n

Led by a team of industry veterans, YieldNest aims to become EigenLayer\u2019s top liquid restaking solution, unlocking the next generation of ETH yields through custom-tailored restaking strategies.<\/p>\n

YieldNest is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.<\/p>\n

The post Liquid Restaking Protocol YieldNest Launches ynETH on Mainnet<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

[PRESS RELEASE \u2013 London, UK, May 16th, 2024] YieldNest, an innovative\u00a0liquid restaking protocol, proudly announces the official\u00a0launch of ynETH on Mainnet after securing $5.2MIL in their initial round. This was all made possible as a result of the\u00a0hard work and dedication of their team and marks the start of a new chapter. A word from […]<\/p>\n","protected":false},"author":0,"featured_media":1808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nLiquid Restaking Protocol YieldNest Launches ynETH on Mainnet - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/el\/liquid-restaking-protocol-yieldnest-launches-yneth-on-mainnet\/\" \/>\n<meta property=\"og:locale\" content=\"el_GR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Liquid Restaking Protocol YieldNest Launches ynETH on Mainnet - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"[PRESS RELEASE \u2013 London, UK, May 16th, 2024] YieldNest, an innovative\u00a0liquid restaking protocol, proudly announces the official\u00a0launch of ynETH on Mainnet after securing $5.2MIL in their initial round. 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