YieldNest, a liquidity re-staking protocol, announces the launch of its mainnet and launches its Seeds and Pioneers programs

YieldNest, a liquidity re-staking protocol driven by EigenLayer, announced the launch of its mainnet on the X platform. Users can stake ETH to obtain its native LRT token ynETH, and can get additional rewards, including: ETH income, AVS income, YieldNest Seeds, EigenLayer points, and airdrops from AVS. At the same time, YieldNest launched the Seeds plan and opened Epoch 1, which lasted for 7 days. Users who re-stake ETH can get Seeds (YieldNest points); in addition, the Pioneers plan was launched, and participating users can get a permanent 15% Seeds bonus. Earlier in April, YieldNest announced the completion of a $5.2 million financing, with Faculty Group, BACKED, Insignius Capital, Contango Digital Assets, Proof of Capital, Loi Luu, Winthorpe, C2tP, Curve founder Michael Egorov and others participating.