great video man, clear, easy to understand and mostly step by step detailed enough to be able to implement, which a lot of other of very experienced youtuber DO NOT understand , they glance through the process to fast... making it hard to follow for newbies.... you have my like and I subscribed, keep the alpha coming : )
@@CryptoWithNick i know, the question is, if i swap out of yt before maturity, will i keep the points accrued as well as whatever market value i received from swapping out lets say 10 days prior to maturity date? It may be worth it vs the 10 days of points you’ll get..
lol, I have a secretlab chair. It's better than other gaming chairs for sure, extra comfy. Although I'm not sure it's the best for ergonomics if you're comparing against other "office chairs"
Do you think it's better to restake Eth directly on swell to get rsweth instead of restaking on Eigenlayer with sweth? Seems like better since I remain Liquid while still farming the pearls and eigenlayer points. Any thoughts appreciated pls.
It’s hard to be 100% sure, by restaking with Swell you’ll definitely earn more pearls but I can’t speak to the EigenLayer side. I’ve favored a majority natively staked and then restaked the rest.
@CryptoWithNick I read from Swell page that the restaking on Swell will be done with eigenlayer, and that they will share the points earned on eigenlayer back to the restakers. So a bit confused on what could be possible downsides.
@@rashidanshanetian4061 it’s not clear if in the future EigenLayer will treat all point values the same. It’s very possible we see a boost/slash for native stakers or restaking projects. I just don’t know for certain.
Worst case? EigenLayer gets drained 😭. But extremely unlikely. If you’re worried about risk, the best bet is to stake with EigenLayer directly. Using other apps introduces additional smart contract risk.
Hey quick question: if someone has 11 ETH, would they qualify? Thx!
For sure! More than enough ETH to get involved.
Hey thx! I’m too later for some of these plz? I’m just full HAM on airdrops , defi bwaaaah, head spinning 1000 mph, breathing lol
EigenLayer probably has a few months left. Renzo is too late. Puffer still ongoing, Swell launched a L2 and still ongoing
great video man, clear, easy to understand and mostly step by step detailed enough to be able to implement, which a lot of other of very experienced youtuber DO NOT understand , they glance through the process to fast... making it hard to follow for newbies.... you have my like and I subscribed, keep the alpha coming : )
Glad it helped and thank you for the kind words!
What is the amount of eigenlayer points we re supposed to get per day per ETH ?
24
Would love if you have some 2024 advice for us solo, native ETH, restakers!
I have 0.15 ETH do you think is worth to stake that small amount & in which protocol would you stake it?
Hmm, with only 0.15 there might be better options outside of EigenLayer airdrops. Lots of other airdrops where that amount of ETH could go further!
Whale game.
Thanks !! im planning to enter YT but only few days left... so its not worth it if only few days is left right ?
EigenLayer isn't likely for months. I bought more YT not too long ago.
Great video! Do you know if staking TIA (Celestia) makes you eligible as well for an EigenLayer airdrop?
I don't believe so. To some degree Celestia and EigenLayer both offer Data Availability.
From what amount of ETH onwards do you recommend splitting into different platforms?
I really like Swell/Puffer. Euclid just launched as well and has an upcoming IDO. You can deposit some to get a spot.
How long do you have to stake for? / when is the airdrop going to take place?
EigenLayer airdrop date is not announced, likely sometime first half of 2024. The longer you stake the more points you get!
I went with swell thanks for the recommendation, what amount to you recommend?
Hard to answer this, it's honestly whatever you'd normally hold at staked ETH and feel comfortable with some smart contract risk.
@@CryptoWithNick I did $100 but thinking 1k be better
Good video, thanks for uploading. I restaked through Kelp, but Swell looks like a good option as well.
Thank you! I'm def fan of Swell but I agree Kelp looks good too.
If i buy YT-eeth then exit before maturity, do i keep the principal n accrued points?
You’re only buying the rights to the yield, there’s no principle.
@@CryptoWithNick i know, the question is, if i swap out of yt before maturity, will i keep the points accrued as well as whatever market value i received from swapping out lets say 10 days prior to maturity date? It may be worth it vs the 10 days of points you’ll get..
Hi Nick, Eigenlayer paused the liquid restaking right? so cant participate anymore?
I mention a few ways to get around it in the video
"Deposits are paused" in Eigenlayer as of right now ... right?
In the video I mention how to work around it
I have 0,05 eth do you think that’s enough for the AirDrop to be worth it including gas fees
For these airdrop, maybe not so much. 0.05 ETH would go much further with some other airdrop ideas!
Thank you, Sir 🙏
Most welcome!
What chair are you sitting on? Do you recommend it? Is it ergonomixc good
Oh by the good video, 😀
lol, I have a secretlab chair. It's better than other gaming chairs for sure, extra comfy. Although I'm not sure it's the best for ergonomics if you're comparing against other "office chairs"
@@CryptoWithNick thank you sir😀, i am gonna do my research
110th...Thanks Nick
You're 110th for which one? ;)
@@CryptoWithNick I'm the 110th person who smashed the like button
@@jopadjr OH LOL, thank you!
Do you think it's better to restake Eth directly on swell to get rsweth instead of restaking on Eigenlayer with sweth? Seems like better since I remain Liquid while still farming the pearls and eigenlayer points. Any thoughts appreciated pls.
It’s hard to be 100% sure, by restaking with Swell you’ll definitely earn more pearls but I can’t speak to the EigenLayer side.
I’ve favored a majority natively staked and then restaked the rest.
@CryptoWithNick I read from Swell page that the restaking on Swell will be done with eigenlayer, and that they will share the points earned on eigenlayer back to the restakers. So a bit confused on what could be possible downsides.
@@rashidanshanetian4061 it’s not clear if in the future EigenLayer will treat all point values the same. It’s very possible we see a boost/slash for native stakers or restaking projects. I just don’t know for certain.
Ah I see.. thank you very much for your sights! Pls carry on with the great content!
I have 0.01 steth..!! can i stake on swell, Sir...???
You can stake with any amount! Although 0.01 ETH I believe will go further in other airdrops.
bro, what do i do with the SwETH from staking on Swell
You can either stake directly with EigenLayer or revisit the Swell network page and restake that swETH or rswETH!
where on the swell network page can I restake swEth tokens? I only see restaking regular Etherium. @@CryptoWithNick
can we use $100 worth of eth to farm this airdrop?
You use anything but for EL I'd recommend a bit more. Your $100 in ETH can go much further with other airdrops!
This all sounds like a house of cards bro
What is the worst case scenario here with this restaking?
Worst case? EigenLayer gets drained 😭. But extremely unlikely. If you’re worried about risk, the best bet is to stake with EigenLayer directly. Using other apps introduces additional smart contract risk.
In the end ETHERFI airdrop was ok.
Yeah that Binance investment was very obvious.
how did this get into my mail , only 1 eth eht eht no thanks carefull guys
Sorry, what?