Receive $50 million in star project airdrops! Huobi HTX is about to launch a liquidity restaking event
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Receive $50 million in star project airdrops! Huobi HTX is about to launch a liquidity restaking event
Get early airdrops from marquee projects with one click using spot assets on HTX
Navigating Web3 tides with focused insightsA major surprise at the start of 2024: Bitcoin briefly broke through $52,000. The restaking ecosystem is also heating up rapidly, with prominent projects in the restaking and Layer 2 space—such as EigenLayer, Puffer, Merlin Chain, and BounceBit—gradually launching and initiating on-chain staking, providing a new layer of consensus foundation for the ecosystem.
To compete for first-time airdrops from these projects, capital is flooding into top-tier protocols to earn points—
EigenLayer, the standout Ethereum restaking project, has over $7 billion staked on-chain;
Puffer, another leading Ethereum restaking project, has nearly $1 billion staked on-chain;
Merlin Chain, a Bitcoin Layer 2 solution, has over $1.5 billion staked on-chain;
BounceBit, a Bitcoin staking chain, has over $450 million staked on-chain…
On-chain operations can be complex. For ordinary crypto investors, how can one capture the benefits of this new narrative?
On HTX, participate in new project launches instantly via spot assets and directly claim early airdrops from star projects.
HTX plans to launch its Liquid Restaking initiative on February 29, allowing participation using spot assets such as BTC, ETH, USDT, TRX, and HTX. No trading or deposits/withdrawals are required, and there's no need for on-chain operations—the airdrop rewards will be directly distributed in the form of points.
By participating in staking, you can receive:
First-time token airdrop from EigenLayer (a leading Ethereum restaking project),
First-time token airdrop from Puffer (a leading Ethereum restaking project),
First-time token airdrop from Merlin Chain (a Bitcoin Layer 2 solution),
First-time token airdrop from BounceBit (a Bitcoin staking chain),
And additional token rewards in ETH, USDT, HTX, TRX, and more.
HTX will begin distributing $50 million worth of rewards (250 BTC, 2,500 ETH, 25,000,000 USDT, 25,000,000 TRX, 1,500,000,000,000 HTX) starting February 29 at 17:00 (UTC+8). The earlier you participate, the larger your share of rewards.
HTX guarantees that during this event, user assets will remain unaffected regardless of any risks occurring on-chain.
How exactly do I participate?
The event starts on February 29 at 17:00 (UTC+8). You can prepare by depositing or holding BTC, ETH, USDT, and other assets in your spot account on HTX in advance. On the 29th, go to APP - Assets - Spot Balance - Liquid Restaking, or APP - Earn - Liquid Restaking to access the dedicated page and register. For more details, see the official announcement.
Why are the Total Value Locked (TVL) and popularity of Restaking so high?
The staking and restaking ecosystems are increasingly becoming a defining narrative of this bull market. Many teams behind EigenLayer and Puffer are core members of the Ethereum Foundation, and leading VCs have actively joined in, driving the adoption of this new narrative from the top down.
What is Restaking?
Simply put, it refers to a group of projects led by EigenLayer that support staking LSTs (Liquid Staking Tokens) like stETH, which already generate yield. Compared to previous DeFi projects that required ETH staking, this offers a second layer of yield—users stake yield-bearing LSTs and receive system rewards.
LSD stands for Liquid Staking Derivatives, commonly referring to projects like Lido issuing stETH to represent native ETH staking shares after the Shanghai Upgrade enabled POS (Proof-of-Stake) on Ethereum, thus unlocking liquidity from staked ETH. LST stands for Liquid Staking Token—the tokens issued by LSD projects like Lido, such as stETH, cbETH, rETH, etc., which carry built-in annualized yields. Restaking aims to leverage the shared trust of Ethereum’s Beacon Chain staking layer, allowing users to extend their staked positions to other protocols. This enables users to earn higher returns while allowing other projects to inherit the same level of security and consensus trust as the Ethereum Beacon Chain.
To incentivize early participants, these projects record contributions via point systems. As per industry precedent, early contributors are expected to receive first-time airdrops of project tokens once the platforms officially launch between April and September. This opportunity to obtain airdrops before public trading begins has drawn significant market attention and enthusiasm.
Don’t miss out on Restaking airdrops! Get on board with top-tier VCs!
Star projects mean high market caps and valuable airdrops. Leading venture capital firms are visible across multiple funding rounds.
It is reported that EigenLayer has secured multiple funding rounds led by Blockchain Capital, with participation from top VCs including Coinbase Ventures, Polychain Capital, Hack VC, and Electric Capital. Puffer, a derivative project of EigenLayer, also shines brightly—not only receiving grants from the Ethereum Foundation but also securing investments during two funding rounds from institutions such as Binance Labs, Jump Crypto, Brevan Howard Digital, Bankless Ventures, Animoca Ventures, as well as angel investors including Lightspeed partner Anand Iyer, EigenLayer founder Sreeram Kannan, Coinbase Staking lead Frederick Allen, and Cobo co-founder Shen Yu—truly a project backed by stars.
The BTC track is equally strong. Top project Merlin secured a funding round in early February from 24 investors including OKX Ventures, ABCDE, Foresight Ventures, and Arkstream Capital. Similarly, BounceBit, a hot project in the BTC Layer 1 space, is supported by Binance Custody, Mainnet Digital, Breyer Capital, and OKX Ventures.
2024: The bull market is here. Crypto investors who missed out on ordinals or on-chain staking windows, don’t worry—HTX gives you another chance to get on board! Even if you know nothing about on-chain operations, simply deposit on HTX and start mining. With one click, participate in staking and new project launches, claim airdrop rewards via spot asset snapshots, ride alongside top VCs, and capitalize on the new bull market of 2024.
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