Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»BLOCKCHAIN NEWS»Nektar Network launches the first generation of Nektar Drops.
BLOCKCHAIN NEWS

Nektar Network launches the first generation of Nektar Drops.

By Crypto FlexsMay 1, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Nektar Network launches the first generation of Nektar Drops.
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
myra@nektar.network
Business Inquiry
kotler
nectar network
kotler@nektar.network

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin protection zones, Stablecoin regulations are the main drivers.

June 5, 2025

DOW JONES wins Streak with weak growth and cost increases.

June 4, 2025

Trump’s son confirms that the team launches a password wallet and refuses to link to the circulating website.

June 4, 2025
Add A Comment

Comments are closed.

Recent Posts

The robot of 1x Technologies aims to revolutionize ordinary work with AI.

June 5, 2025

Trump is a magical Eden encryption wallet tie, Trump coin deep 13%

June 5, 2025

Bitcoin prices slide again, causing new fear of deeper modifications.

June 5, 2025

The Ether Leeum Foundation summarizes a comprehensive financial policy.

June 5, 2025

Using BCC mining increases daily passive income of $ 57,700

June 5, 2025

Ray for the square and scalable AI solutions and RAG pipelines on all scale

June 5, 2025

Economist Henrik Zeberg says that Altcoins is trying to start an explosive stage and updates Outlook and Under-The Radar Crypto for Dogwifhat.

June 5, 2025

How Algorand is quietly building the future of finance around the world

June 5, 2025

As the network activities are slow, Ether Room is unlikely to break $ 3,000 in the short term.

June 5, 2025

AI TOKEN LIVEPEER (LPT) cuts 150% and then falls 40% -What is the leading volatility?

June 5, 2025

NVIDIA DALI improves data processing function with new features.

June 5, 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

The robot of 1x Technologies aims to revolutionize ordinary work with AI.

June 5, 2025

Trump is a magical Eden encryption wallet tie, Trump coin deep 13%

June 5, 2025

Bitcoin prices slide again, causing new fear of deeper modifications.

June 5, 2025
Most Popular

Bitcoin Core – What are some reputable exchanges with low fees and good liquidity that you would recommend for beginners?

February 17, 2024

SEC’s USDC Probe Could Derail Circle IPO Plans: Barron’s

June 19, 2024

Crypto Boy Reviews New SOL GameFi Token Presale – The Next 100x Crypto Gem?

May 22, 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.