Compound Finance Joins 12 Days of Hayes with Dual OP Token Rewards
Compound Finance Joins 12 Days of Hayes with Dual OP Token Rewards
🎁 Free OP Tokens Inside
Compound Finance announces two rewards as part of the 12 Days of Hayes promotion:
- $25 in OP tokens for first 1,000 eligible participants
- Share of $25,000 in OP tokens for weETH deposits on Compound Optimism before Dec 22
This is part of a larger promotion where new deposits into ether.fi earn a share of $3M ETHFI tokens. Previous days featured rewards from partners including Term Labs, Usual Money, and Karak Network.
Terms and conditions apply. Digital assets involve high risk.
EigenLayer Introduces Slashing Mechanism for Restaking
EigenLayer is implementing a slashing mechanism for its restaking protocol. Key updates: - No immediate slashing risk for eETH users; explicit opt-in required - Implementation includes: * Deep-dive risk analysis for each AVS * 14-day community review period * Advance notice through multiple channels Slashing mechanics: - Not automatic - Risk isolated to individual operator stakes - AVS-specific slashing logic - Careful operator monitoring Chaos Labs is conducting security analysis to enhance risk controls. [Full details](https://governance.ether.fi/t/chaos-labs-eigenlayer-eeth-security-upgrade-risk-analysis/2906)
Uniswap Launches weETH Incentives Program on Unichain
Uniswap has activated weETH incentives on Unichain, offering $20,000 in daily UNI tokens to weETH depositors. This initiative is part of a broader 3-month campaign by Gauntlet to enhance liquidity across Unichain. Key details: - Program launched April 15, 2025 - Daily rewards: $20,000 in UNI tokens - Duration: 3 months - Covers 12 key pools - Rewards distributed through Merkl Depositors can participate via the [Uniswap pool interface](https://app.uniswap.org/explore/pools/unichain)
Babylon Claims Site Relaunched - Wallet Relinking Required
The Babylon claims site has been relaunched with allocation fixes for eBTC holders. **Important updates**: - All users must relink their wallets, even if previously connected - Connect Ethereum wallet that interacted with Ether.fi first - Connect Babylon-compatible Cosmos wallet to receive $BABY tokens - 90-day claim period starting April 10th, 2025 - New genesis wallets face 24-hour waiting period **Distribution details**: - LBTC & eBTC earn points at 1:1 ratio - eBTC qualifies for 33% of Lombard Finance $BABY allocation - Minimum cutoff: 29 $BABY - Tokens distributed in daily batches [Check eligibility here](https://claim.ether.fi)
LiquidBeraBTC and LiquidBeraETH Vaults Launch Reward Program on Berachain
LiquidBeraBTC and LiquidBeraETH vaults are implementing a new reward system through Berachain's Proof of Liquidity: - Automatic rewards for vault depositors begin this week - Rewards sourced from weETH and eBTC liquidity pools - 2% management fee introduced April 2nd - Fee proceeds used to bribe pools and generate user rewards - Expected returns to exceed fee costs Vault features: - Multiple reward streams (Berachain, KodiakFi, Dolomite.io) - Auto-compounding yields - 90-day lock period post mainnet launch - Supports deposits in weETH, WETH, stETH, eBTC, wBTC, cbBTC, LBT
weETH Now Available as Full Collateral on SparkLend
SparkLend has expanded weETH functionality beyond stablecoin borrowing. Users can now: - Use weETH as full collateral (no longer in isolation mode) - Borrow stablecoins, ETH, and other supported assets - Access increased borrowing capacity at scale The update follows a MakerDAO approved proposal, enabling broader lending options with transparent rates on the SparkLend platform. Visit app.spark.fi/borrow to start using weETH as collateral.