Introducing the Euclid LRT Tournaments!
We are thrilled to announce that the Euclid LRT Tournaments now begins!
Earn E-Points by depositing LSTs and native ETH into Euclid Finance and receive elETH in return. elETH represents your restaked position on Euclid, and holding 1 elETH per day will grant you 1 E-Point.
Your daily E-Point earnings are determined by your E-Point Base multiplied by your Boost.
- E-Point Base is calculated based on your elETH holdings and the elETH holdings of your referrals.
- Boost is acquired through participating in Euclid LRT Tournaments. You can increase your boost by meeting specific criteria in each tournament and earn more rewards.
Tournament 1. Referral Wheel
Accumulate E-Point Base by referring members who join the tournaments and hold elETH.
Through the referral scheme, you can:
- Add 20% of your referrals’ elETH holdings to your E-Point Base
- Add an additional 10% for the referrals of your referrals
Example:
Tournament 2. vlEQB and ePENDLE Run
vlEQB is the vote-locked version of Equilibria Finance’s governance token EQB and can be used for gauge voting on Equilibria. Holding vlEQB will give you a maximum boost of 1x.
- Boost_vlEQB = min{[Your vlEQB/Total vlEQB(vlEQB paired with elETH)] / [Your elETH/Total elETH] * 1, 1}
ePENDLE is the liquid version of vePENDLE tokens and can be obtained through PENDLE conversion or swapping via DEXes. Holding ePENDLE will provide a maximum boost of 0.5x.
- Boost_ePENDLE = min{[Your ePENDLE/Total ePENDLE(ePENDLE paired with elETH)] / [Your elETH/Total elETH] * 0.5, 0.5}
Example:
Total vlEQB paired with elETH: 100,000
Total ePENDLE paired with elETH: 10,000
Tournament 3. Guild War
Create a guild by generating a referral code and inviting members to join. Each guild will be ranked based on the total sum of the guild members’ E-Point earnings every week. Only two tiers of referrals will be considered. Every week, the top 6 guilds will receive additional Boost. Please note that Boost_guild will be reset every week.
Join us in the Euclid LRT Tournaments and seize the opportunity to earn amazing rewards!
About Euclid
Euclid is a member protocol of NGAD, specializing in Omnichain Liquid Restake Assets, the simplest way to restake your ETH and LSTs to Eigenlayer.
