Restake with GenesisLRT: Mainnet is here!

GenesisLRT
3 min readFeb 12, 2024

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GenesisLRT Mainnet is Live. Restake now at our dApp!

GenesisLRT is thrilled to announce its mainnet deployment on Ethereum. This marks a key milestone for our protocol, allowing all our early investors to join the restaking collective, and begin accruing GenesisLRT and EigenLayer Points, now!

TL;DR:

  • GenesisLRT Mainnet is now live.
  • Early restakers will be accruing 2x GenesisLRT Gems for the first 15 days.
  • Investors who restake with GenesisLRT will start accruing EigenLayer Points on top of GenesisLRT Gems.
  • Investors who have interacted with our now-deprecated MissionsHub will have their points converted to Gems.
  • We invite everyone to begin restaking your native ETH today and stay tuned for the forthcoming updates that will enhance your GenesisLRT Gems rewards!

GenesisLRT Mainnet Release

The day we’ve all been waiting for has finally arrived: the GenesisLRT mainnet is here, allowing investors to restake their native ETH directly on our platform.

Welcome to the restaking collective with GenesisLRT!

We are thrilled to have reached this significant milestone and to open the doors to restaking for all our investors. To celebrate, we are rewarding all our early restakers with a 2x multiplier on the GenesisLRT Gems awarded for each restake.

Early Members Have Early Rewards

Early GenesisLRT investors now have the opportunity to restake their native ETH directly on our platform and receive double the GenesisLRT Gems for their restake. Although EigenLayer caps are currently closed for users trying to restake with liquid staking tokens, investors who restake with GenesisLRT will start accruing EigenLayer Points immediately!

By leveraging the double Gems rewards, investors will also strengthen their position for the future GEN token airdrop. Our platform’s governance token will play a crucial role, enabling users to participate in the decision-making process and unlock genETH omnichain features.

Your Restaking Journey With GenesisLRT starts today

Embarking on your restaking journey with GenesisLRT is straightforward: simply visit our platform, connect your wallet, and click the “restake” button on your dashboard. You’ll then be directed to the GenesisLRT widget, where you can select the amount of ETH you wish to restake.

After approving and submitting the transactions, the platform will automatically prompt you to add genETH, our liquid restaking token (LRT), to your wallet. From this point forward, you’ll begin accruing GenesisLRT Gems and EigenLayer Points, positioning you at the forefront of accessing the GEN token.

GenesisLRT Restaking Dashboard.

MissionsHub Points

Investors who have interacted with our now-deprecated MissionsHub will have their points converted to Gems. As pioneering members of our community, you were already accumulating points to secure your spot for the upcoming GEN airdrop. MissionsHub played a crucial role as an initial engagement mechanism, encouraging investors to explore the platform and provide feedback. This input was invaluable in refining and enhancing the restaking experience on our platform.

With the mainnet launch, we aim to shift the focus directly to the platform, rewarding early adopters with a double point multiplier for the first 15 days!

More Updates Coming Soon

The mainnet launch marks a significant achievement for GenesisLRT, and we are thrilled to have reached this milestone. We are excited to announce that more activities and incentives are on the way to further promote platform engagement.

Nevertheless, we prioritize security and usability, so we’re committed to ensuring everything operates flawlessly before introducing new features. We invite everyone to begin restaking your native ETH today and stay tuned for the forthcoming updates that will enhance your GenesisLRT Gems rewards!

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GenesisLRT

Unlocking liquidity for restaked ETH on EigenLayer through Liquid Restaking Tokens (LRT). 💪