Karak is a Layer 2 blockchain focusing on risk management and aiming to enhance restaking, AI, and secure applications for the next billion users. It introduces a new product architecture to facilitate secure staking and restaking, providing benefits for both users and developers. Rollapps, which are built on rewards generated from productive assets, enable users to interact with LSTs, LRTs, and AVSs to earn rewards while being protected from slashing risks.
Karak has secured $48 million in funding from investors such as Coinbase and Pantera Capital and has initiated an XP campaign. Users who register and stake LSTs from Ethereum, Arbitrum, or Karak to Karak will earn XPs. Additionally, they can earn more XPs through each referral. Although Karak doesn't have its own token yet, it is highly likely to launch one in the future. The XPs will likely be converted to their token if it becomes available.
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How to join Karak airdrop?
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Karak is the risk management Layer 2 blockchain supercharging restaking, AI, and a new generation of secure applications designed for the next billion users. Karak introduces a new product architecture allowing for users and developers to benefit from secure staking and restaking. Rollapps are natively built on rewards generated from productive assets and users can comfortably interact with LSTs, LRTs, and AVSs to earn rewards while being secured from slashing risks. Karak has raised $48M in funding from investors like Coinbase and Pantera Capital and has launched an XP campaign. Users who sign up and stake LSTs from Ethereum, Arbitrum or Karak to Karak will earn XPs. Also, earn more XPs from each referral. They don’t have their own token yet but are very likely to launch one in the future. The XPs would likely be converted to their token if the token goes live.
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Enter your invite code and sign up.
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Now connect your Ethereum or Arbitrum wallet.
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Now select a pool and stake your tokens.
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Karak now supports liquid staking tokens like Lido (wstETH) and Swell (swETH), liquid restaking tokens such as Etherfi (weETH) and Swell (rswETH), as well as stablecoins like USDC and USDT.
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You can get swETH by staking ETH and rswETH by restaking ETH on Swell. You will also thereby become eligible for the Swell airdrop.
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You will earn staking rewards, EigenLayer points as well as Karak XPs for staking assets.
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Also, earn more XPs for referring your friends.
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They don’t have their own token yet but are very likely to launch one in the future.
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Users who collect XPs will likely get an airdrop if their token goes live.
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For more information regarding the campaign, see this tweet.
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Please note that there is no guarantee that they will do an airdrop or launch their own token. It’s only speculation.
