Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»Nektar Network Launches Epoch 1 of Nektar Drops – Rewarding Your Continued Participation
TRADING NEWS

Nektar Network Launches Epoch 1 of Nektar Drops – Rewarding Your Continued Participation

By Crypto FlexsMay 2, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Nektar Network Launches Epoch 1 of Nektar Drops – Rewarding Your Continued Participation
Share
Facebook Twitter LinkedIn Pinterest Email

Berlin, Germany, May 1, 2024, Chainwire

Nektar Network is excited to announce the launch of Epoch 1 for Nektar Drops starting today, May 1, 2024. This new phase is dedicated to recognizing and recording the contributions of community members through daily Nektar Drops that can be earned through participation. Perform predefined activities within the Nektar ecosystem. This era will end on June 1, 2024, or when the network reaches a Total Value Locked (TVL) of 250,000 ETH.

Epoch 1 participants will have the opportunity to earn Nektar Drops by participating in several pre-launch initiatives, such as Enzyme Vault, Reserve bsdETH initiative, and Sommelier Vault.

Specifically, for each ETH deposited in these initiatives on the Ethereum mainnet, members will receive 25 Nektar Drops per day. A slightly different reward structure is set up for Base deposits, with the reward being 20 Nektar Drops per ETH per day.

Daily Nektar Drops for deposited ETH:

  • 25 points/ETH deposited on enzymes
  • 25 points/ETH Deposit money to the sommelier
  • 20 points/ETH deposited in reserve
  • 20 points/ETH Deposited in Beefy and Aerodrome
  • 20 points/ETH Deposited in Extra Fi

Retroactive Nektar Drops allocation has also been modified, significantly increasing the number of drops distributed to Goerli and Holesky testnet operators by over 50x. Additionally, a 10x increase was implemented across all other participant categories to better recognize their activities and contributions.

Referral rewards will be introduced later in Epoch 1. This addition awaits final technical improvements made in collaboration with the Fuul team, with the goal of seamless integration into existing reward structures.

The launch of Epoch 1 is an important milestone in Nektar Network’s commitment to community engagement. More information about Nektar Drops and future phases of the moisture campaign will be released soon.

Introduction to Nectar Network

Nektar Network is a multi-layer Restake network built on top of Ethereum. It is comprised of components that together form a comprehensive incentive system designed to democratize access to Ethereum’s trust model. For more information about Nektar Network, please visit our website or visit Farcaster and X.

The source of this content is Nektar Network. This press release is provided for informational purposes only. The information does not constitute investment advice or an investment offer. Using smart contracts can pose security risks.

contact lens

Marketing Inquiry
Myra Tumrose
nectar network
(email protected)
Business Inquiry
kotler
nectar network
(email protected)

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Doodles has joined Universal Monsters and dropped a TON of NFT stickers.

October 30, 2025

Australia provides clarity on cryptocurrency regulation with new guidelines

October 29, 2025

Coinbase Acquires Echo, Leading On-Chain Capital Raising Platform in $375 Million Deal

October 28, 2025
Add A Comment

Comments are closed.

Recent Posts

Jiuzi Holdings Launches $1 Billion Bitcoin Treasury With SOLV To Drive Institutional Yields And RWA Innovation

October 30, 2025

Hetu 3.0 – Deep Intelligence Money

October 30, 2025

Doodles has joined Universal Monsters and dropped a TON of NFT stickers.

October 30, 2025

Ethereum whales doubled down on ETH as the $5,000 price target moves higher.

October 30, 2025

SOL remains fixed below $200 despite surge in ETF trading volume

October 30, 2025

Bybit’s BbSOL Gains Institutional Custody Support From Anchorage Digital, Reinforcing Its Institutional-Grade Standing

October 30, 2025

OKX Ventures Invests in Accountability for Enhanced Financial Verification

October 30, 2025

Injective (INJ) Completes First Community Buyback Worth $32 Million

October 29, 2025

Whale.io Confirms First Airdrop For Crock Dentist NFT Holders

October 29, 2025

BTC And XRP Prices Fluctuate Dramatically. WOAHash Helps Holders Earn $9,900 In Daily Returns.

October 29, 2025

Acre Launches V2 Platform, Enabling Bitcoin Holders To Earn 14% APY (est.) From Self-Custody

October 29, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Jiuzi Holdings Launches $1 Billion Bitcoin Treasury With SOLV To Drive Institutional Yields And RWA Innovation

October 30, 2025

Hetu 3.0 – Deep Intelligence Money

October 30, 2025

Doodles has joined Universal Monsters and dropped a TON of NFT stickers.

October 30, 2025
Most Popular

Bitcoin payments are being undermined by centralized stablecoins

December 25, 2024

TRON: Inversion in the future? -TRX trader will have to see the following next time.

June 2, 2025

Dogecoin Jumps 72% in New Wallets: Is the DOGE Rally Not Over Yet?

October 4, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.