Hey there! Welcome to my new post! Today I want to talk about Karak new updates that are improving this wonderful project even more.
My other posts about Karak:
What is Karak and its massive update(14.04.2024) 👉 here
Why Karak is a tier 1 project with fruitful invest 👉 here
Karak new features (28.04.2024) 👉 here
What are the updates?
First of all, congratulations to Karak as its TVL has now reached almost an insane $700 millions (gained +200 mil just from last 2 weeks)! That means the trustfull relationships between users and developers of fantastic Karak community!
✅ Added 1.5 multiplier for Karak xp on LST, Stablecoin, and wBTC deposits for a limited time in every pool! It is a great time to bridge your assets to Karak!
✅ Stader update:
- ETHx Restake Rush’s $SD reward pool worth $400k
- Exclusive 2x Karak XP bonus
Stader ETHx is a Liquid Staking Token (LST) that users receive when they stake their ETH through Stader. It represents the value of their staked ETH plus accrued staking rewards.
✅ Magpie now has 2x eigenpie multiplicator! Even more points can be farmed now
✅ New stablecoin — Ethena USDe with 20x Ethena points for everyone who wants to invest!
Ethena enables the creation and redemption of a delta-neutral synthetic dollar, USDe, crypto’s first fully-backed, onchain, scalable, and censorship-resistant form of money. The mechanism backing USDe enables the first “Internet Bond” offering a crypto-native, value-accruing, dollar-denominated instrument, derived from staked asset returns (to the extent utilized in backing) and the funding and basis spread available in perpetual and futures markets.
✅ Multiplier for Mantle pool has been increased from 1.5 to 2x! Hence if your assets were in that staking you will receive even more Karak xp!
✅ In Karak pool there has been added 2x multiplier for Karak xp via Swell ETH. So now it’s the most powerfull restaking as it has two multipliers at the same time: 3x Swell and 2x Karak multiplier!
Thanks for reading and nice to see Karak growing as project and as community! If you are not in Karak yet, join your fruitful 🍊 adventure — http://app.karak.network and enter one of those codes: tLdMY ; Uwgul ; DSVTp ; k04TJ ; 9H48E
Best wishes and have a totally joyful day! 🙂