Karak update — worldchange of blockchains

Hello everyone! In today’s post I will tell you about new Karak features and how they can change the world of blockchains, restaking and airdrops.

So what’s Karak?

Karak is the universal restaking layer that makes it easy to provide cryptoeconomic security with any asset, and unlocks a new design space for developers to seamlessly and securely create innovative infrastructure designs. In other words, a place where you can store your assets without any worries that they can be stolen or hacked! You can see full description here.
Karak also has massive growing community with about 130000 members in Discord, 10k active users in Telegram and more than 100k followers in Twitter!

The main benefits of using Karak?

It’s no longer a secret, that Karak has an upcoming airdrop with more than $48 millions allocated for it. You can earn points with staking in it. The evaluation of Karak comes to almost incredible $1 Billion with collabs such as Celestia, Hyperlane, Swell, Stride, Frax and many more! (You can see other Karak ecosystem projects in my bio). The TVL (Total Vakue Locked) of Karak has recently reached an insane $163 millions and continues growing with any user that invests in restaking program.

How to bridge within Karak and participate in airdrop?

There are many different features within the new update, but first things first:

1. Navigate to http://app.karak.network and enter one of those codes: tLdMY ; Uwgul ; DSVTp ; k04TJ ; 9H48E
2. Connect your wallet and click “Deposit” button to bridge your assets from the wallet. Currently, you can bridge from Etherium Mainnet or from Arbitrum One, whether you wanna send USDC or ETH it all connects smooth and fast.
3. As soon as you’re all set you would see something like that:

But you may think that there are no ETH or USD Restaked, so where are my assets at?🤔 Don’t worry, you can see them in your wallet, eg. Metamask by adding Karak mainnet (it would add contract automatically, but there are many address contacts on Karak website)

(I’ve already restaked 0.045 ETH as you can see on the screen above)

Withdrawing?
Yes, there is a withdrawing feature available after your assets were in the Karak for at least 14 days. However, withdraw of your assets will result in loss of xp, so think carefully before doing that!

Any unclearances — see the full guide here from developers.

New features and worldchange?

1. Updated design. Karak changed their interface with more orange-white than orange-black colours, it is now contemporary, modern and handy. There has been added formula how your xp for airdrop is calculated. Karak added cool logos for project bridging, also current TVL is shown in the bottom-right corner

2. Karak added Arbitrum and 3 pools : Etherium, Arbitrum and Karak (with their own pool being with lowest transaction fees!). You can now navigate to pool you want to stake your assets in liquidity sector:

3. There are different xp multipliers or benefits within the pool you selected, so choose wisely where you wanna store your assets!

In Etherium pools:

Swell has the highest multiplier of x3 for your aidrop points! However when using Frax you participate in 2 airdrops at the same time. So i would recommend using those.

In Arbitrum pools:

Etherfi has the highest multiplier of x2! So try to use that

In Karak pools:

Again, Swell has the highest multiplier of x3, however Karak own network has x2. It’s up to you, but i used integrated Karak ETH restaking as you can see on the screenshot above.

Thanks for reading, join Karak fruitfull adventure and keep yourself up to date!