Symbiotic

Confirmed

Chain:

Funding:

$5.8M

Tier:

A

Backers:

Symbiotic Airdrop

Updated September 19, 2024

About Symbiotic

Symbiotic is a restaking system designed to bolster decentralized networks by fostering self-sufficient ecosystems. It features Actively Validated Services (AVSs), which allow decentralized applications (dApps) to work together in securing each other. This cooperative security model enhances network resilience and lessens dependence on external validators, creating a stronger and more interconnected blockchain ecosystem.

Why we choose Symbiotic?

Symbiotic has successfully raised $5.8M in its seed round, led by Paradigm and CyberFund. In mid 2024, Symbiotic announced the initial deployment of its permissionless staking protocol, allowing users to deposit capitals in exchange for Symbiotic points. This presents a great opportunity to start farming Symbiotic for future airdrop rewards.

Symbiotic Airdrop Guide

Airdrop Eligibility

  • Complete all tasks below
  • Staking volume: $1,000+
  • Active months: 3+
  • Collect as many Symbiotic Points as possible

How to get Symbiotic Airdrop?

When restake using Symbiotic, you will receive Points and underlying yields as rewards. Symbiotic Points will be your future Symbiotic airdrop.

Deadline: TBD.

How to maximize Symbiotic Points: Restake using Symbiotic (Earn Points) + Restake weETHs using Ether.Fi (Earn Points).

Check your Symbiotic Points: View your Points and positions in the Symbiotic Dashboard.

 

To start restaking using Symbiotic, follow these steps:

 

Visit the Symbiotic App and connect your wallet.

symbiotic airdrop guide 1

Note that there are currently 10 vaults available on the Ethereum Mainnet, so you cannot restake using any other networks. If a vault has reached its deposit limit, you must wait for Symbiotic to lift its cap to be able to deposit.

 

Choose your desired vault to restake by clicking on it.

symbiotic airdrop guide 2

Enter your desired amount and click on Deposit to restake.

symbiotic airdrop guide 3

Another way to earn Symbiotic Points is to restake using the Super Symbiotic LRT vault of EtherFi:

  • This vault automatically stakes your deposit into Symbiotic as soon as their deposit caps are raised. 
  • Using EtherFi will also earn you additional rewards such as EtherFi points and Veda points, making this a 3-in-1 airdrop strategy.

You can check your Points and positions in EtherFi using the EtherFi Dashboard.

 

To start restaking using EtherFi, follow these steps:

Visit EtherFi Symbiotic LRT and connect your wallet.

symbiotic airdrop guide 4

Click on Deposit to start restaking with EtherFi.

symbiotic airdrop guide 5

Since Symbiotic is only available on the Mainnet, deposits on EtherFi will also be on Ethereum Mainnet. The Super Symbiotic LRT vault currently has a deposit cap of 140K ETH, if the limit is reached you must wait for Ether.Fi to lift its cap to deposit.

 

Choose the desired asset to deposit, there are currently 13 supported assets.

symbiotic airdrop guide 6

Enter the amount to deposit and click on Approve and Deposit to finish.

symbiotic airdrop guide 7

After depositing to Super Symbiotic LRT, you will receive weETHs tokens. This token can be used to further participate in other DeFi opportunities, for example deposit weETHs into Mitosis Expedition.

 

To withdraw from Super Symbiotic LRT, simply click on the Withdraw button on the vault page.

symbiotic airdrop guide 8

Enter the amount of weETHs to withdraw, and click on Approve and Withdraw to start your withdrawal process. Each withdrawal will take 7 days, and you will not earn any points during this period.

symbiotic airdrop guide 9

Another way to earn Symbiotic Points is to restake using Mellow Finance:

  • This vault automatically stakes your deposit into Symbiotic as soon as their deposit caps are raised. 
  • Using Mellow Finance will also earn you additional rewards such as Mellow points and/or Renzo points, making this a 3-in-1 airdrop strategy.

You can check your Points in Mellow by clicking on the deposited vault.

 

To start restaking using Mellow, follow these steps:

Visit Mellow Restake and connect your wallet.

symbiotic airdrop guide 10

Choose your desired vault by clicking on it. There are 10 vaults available for deposit in Mellow Finance.

symbiotic airdrop guide 11

Since Symbiotic is only available on the Mainnet, deposits on Mellow will also be on Ethereum Mainnet. Mellow has a deposit cap on each of its vaults, so if a vault’s limit is reached you must wait for Mellow to lift its cap to deposit.

Choose the desired asset to deposit, there are currently 4 supported assets.

symbiotic airdrop guide 12

Enter the amount to deposit and click on Deposit to finish.

symbiotic airdrop guide 13

Your earned Mellow and Symbiotic Points will based on the time of your deposit:

  • Deposit before Symbiotic reaches its cap to earn x1 Mellow points & x1 Symbiotic points per hour.
  • Deposit after Symbiotic reaches its cap to earn x2 Mellow points per hour until the next Symbiotic cap raise. After that you earn x1 Mellow points & x1 Symbiotic points per hour.

By depositing to Mellow, you will also receive different LRTs depending on the vault. For example, depositing into the Renzo Restaked LST will give pzETH. This token can be used to further participate in other DeFi opportunities, for example Fuel Network.

 

To withdraw from Mellow Finance, simply switch to the Withdraw tab on the vault page.

symbiotic airdrop guide 14

Enter the amount of weETHs to withdraw, and click on the Withdraw button to start your withdrawal process. Your withdrawal will be processed in 1-4 days.

symbiotic airdrop guide 15

Symbiotic Airdrop Claim

    Similar Airdrops

    Confirmed
    Linea
    Confirmed
    Celestia