Dear BigONE user,
BigONE "ETH Restaking Restaking DeFi Pool" product has added StakeStone, Pendle, Renzo mining and potential restaking strategies. You can participate by holding ETH. The points or token rewards obtained by this product will be converted into ETH and distributed according to the ETH-based annualized income.
Product Information:
- Product profit: Refer to the floating annualized return of 5% to 30%+ (the return includes the basic income of ETH Lido staking and peripheral protocol rewards).
- Staking strategy: By analyzing the annualized income, one or more assets are randomly selected for staking.
- Revenue settlement: Part of the revenue is expected to be distributed in the first half of 2024. The revenue settlement of EigenLayer's own agreement shall be subject to its official information.
- Withdrawal rules: This product does not currently support withdrawal, and the estimated opening time for withdrawal is May 2024.
- Security: There are many types of risks in on-chain protocols. The BigONE technical team will conduct security audits on participating staking protocols to ensure safety as much as possible.
Participation portal: https://big.one/en/financial?id=2000182
Introduction:
StakeStone is a liquid staking derivatives basket token supported by ETH staking income. It integrates mainstream staking pools, Re-Stake and LSD blue chip DeFi strategy income to provide all protocols with new and highly adaptable staking income. The underlying asset requires LSD of liquidity. StakeStone pioneered the first decentralized solution for liquid staking through an innovative mechanism called Optimized Portfolio and Allocation Proposals (OPAP). StakeStone has recently received investments from Binance and OKX, among others.
Pendle is a DeFi protocol designed for the fixed income/interest rate swap market. It strives to provide users with a simple and intuitive platform to support trading, liquidity mining, and provide liquidity for tokenized income assets.
Renzo is a staking derivatives platform based on EigenLayer. It serves as the interface to the EigenLayer ecosystem by securing the Active Validation Service (AVS) and providing higher yields than ETH staking. Renzo has received investments from OKX and Binance, among others.
Risk Warnings:
1. The use of ETH funds will be affected by the risks of several third-party protocols such as Lido and EigenLayer (including but not limited to). BigONE provides users with related services such as access projects and revenue distribution, and does not bear the risks caused by third parties due to other issues such as the security of smart contracts on the chain.
2. This product does not currently support withdrawal. The expected withdrawal time is May 2024, and the expected income distribution may be later than the withdrawal time.
BigONE, more than just asset security.
Regards,
BigONE Team
1 April 2024
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