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Newsletter๐ท๐๐๐๐๐๐๐: ETH
๐จ๐๐๐ ๐๐๐๏ผ Confirmed โ
๐ซ๐๐๐๐๐๐๐๐๐: ๐น๐๐๐๐ ๐๐ ๐๐๐ karak ๐๐๐๐๐๐๐๐ ๐ฟ ๐๐๐ ๐ ๐ ๐ ๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐.
- 1. What is karak๏ผ
- 2. Step by step guide for karak airdrop.
- 3. What can I earn by participating in karak airdrop๏ผ
- 4. Video tutorial for karak airdrop.
- 5. Similar project recommendations.
- 6. Fundraising.
- 7. Latest Airdrops.
- 8. Hot Airdrops.
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Karak raises $48M Series A from Pantera capital, Framework ventures and Coinbase venture to improve digital asset risk infrastructure.
Karak is redefining the landscape of cryptoeconomic security as a pioneering Layer 2 solution on the Ethereum blockchain. It introduces a novel concept of multi-asset restaking using its hybrid tokenized Bitcoin (BCTN) as the gas token, which also channels Super Yield back to its users and developers, enhancing the utility and integration of assets across platforms.
What Sets Karak Apart?
Universal Restaking Layer:
Karak stands out as a universal restaking layer that enhances the security and scalability of DeFi projects. It allows any asset to be utilized in securing network operations, opening up new avenues for developers to innovate without the constraints of traditional token models.
Multi-Asset Restaking:
At its core, Karak enables multi-asset restaking, which allows users to leverage a diverse range of assets including Ethereum, stablecoins, liquid staking tokens, and more. This approach not only diversifies risk but also enhances the economic resilience of the services built on top of Karak.
Robust and Secure Trust Networks:
From day one, protocols integrated with Karak can access established and secure trust networks. This significantly lowers the barriers for new protocols to secure their operations without the need to incentivize validators with high reward mechanisms, which can be dilutive.
How Karak Functions:
Distributed Secure Services (DSS):
Users can allocate their assets to a DSS within the Karak network. This system allows for additional enforcement rights and slashing conditions that are tailored to ensure the integrity and security of the services offered, such as data availability protocols, bridges, and oracles.
Marketplace Dynamics:
Karak serves as a marketplace where validators are incentivized to allocate their restaked assets to secure various services. This model bypasses the need for protocols to issue their own tokens, which can lead to inflation, by offering simpler, non-dilutive incentives to validators.
Enhanced Performance and Accessibility:
Karak is engineered to support swift blocktimes and high transaction throughput, making it one of the fastest EVM-compatible rollups. It also removes barriers such as high gas fees and complex cross-chain communications, which have traditionally hindered scalability and user adoption.
Economic and Operational Benefits:
Capital Efficiency:
The integrated margin engine within Karak allows users to manage a single margin account across multiple exchanges, which optimizes capital usage and enhances the efficiency of transactions.
Yield Generation:
Through its innovative Super Yield feature, Karak directs returns back to its users and protocols, creating a sustainable economic loop that benefits all participants in the ecosystem.
Simplifying Innovation:
Developers can leverage Karakโs SDKs and tools to easily create and deploy new services, secure in the knowledge that they are backed by a robust and scalable network from the outset. Karakโs focus on reducing the financial and time investments required to develop new protocols enables quicker innovation cycles and a faster go-to-market strategy.
Future Outlook:
Karak is not just expanding the functionality of Bitcoin within the Ethereum ecosystem but is setting a new standard for how Layer 2 solutions can drive forward the entire blockchain industry. Its unopinionated and flexible infrastructure is designed to support a wide range of applications, making decentralized services more accessible, secure, and efficient than ever before.
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To get started with Karak and boost your rewards, follow these streamlined steps:
- Access Karak: Visit the Karak Restaking Page to begin.
- Connect Your Wallet: Link your EVM wallet and authenticate your identity using one of our invite codes: โENVSGโ, โjSljSโ, or โ4TDoMโ.
- Acquire ETH: If you need Ethereum, consider purchasing it from Binance or OKX to enjoy a 20% trading fee rebate.
- Boost Your Rewards with ETHFI: Deposit governance ETHFI to earn double Karak points. Learn more about the etherfi airdrops here.
- Increase Your SATS and XP: Deposit USDe from ethena to receive 20X SATS and additional Karak XP.
- Earn ezPoints: Deposit ezETH from renzo to gain ezPoints and Karak XP.
- Accumulate pufETH Rewards: Deposit pufETH from puffer to earn Points and Karak XP.
- Double Your Points with stETH: Deposit stETH from eigenpie to secure 2X Points and Karak XP.
- Maximize Your Gains: Enhance your portfolio by depositing at blast to earn additional Karak XP.
By following these steps, you can effectively leverage your assets and engage in the Karak ecosystem to maximize your returns and experience growth in your digital asset investments.
You can also get karakโs airdrop by participating the following projects:
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Karak points and other L2 or LRT points
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Total Raised 51.25 M
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