YieldNest is a next-generation liquid restaking protocol that provides simple-to-understand, risk-adjusted restaking strategies. Its mission is to abstract away the complexities of restaking by building a one-stop-shop, easy-to-understand nLRT and LRT-based products with superior risk-adjusted returns.

YieldNest airdrop details​

YieldNest is running a seeds campaign to reward users of the protocol. Through the seeds program, YieldNest aims to connect the dedication and support of users to tangible rewards, including participation in future airdrops.

In one of their latest updates, they have shared the official airdrop details. Check out the details below.

Step-by-Step Guide:

Latest Update: YieldNest Announces YND Token Airdrop Eligibility​

YieldNest has officially announced the eligibility criteria for their long-anticipated YND token airdrop, targeting engaged users and partner communities. The airdrop allocates more than half of the token supply to community rewards, emphasizing user empowerment and decentralization.

Eligibility Criteria​

Seeds Program Participants​

Users who have earned Seeds through YieldNest’s Loyalty Program qualify. Seeds can be earned by restaking assets in YieldNest products or joining DeFi integrations. Qualifying seasons include:

• Season OG (Epoch 1+2): Ended August 20, 2024
• Season 1: August 20 — October 22, 2024
• Season 2: Started October 22, 2024, ends at snapshot date (TBD)

You can verify your total accumulated seeds via the Seeds page on the YieldNest platform. If you haven’t earned Seeds yet, there’s still time before the snapshot date.

Partner Communities Eligibility​

Holders of specific governance tokens or NFTs from partner projects also qualify:

• Llama NFT Holders: Must hold a minimum of 0.1 ynETH or ynETHx
• StakeDAO: Holders of StakeDAO NFTs (depending on scarcity) or veSDT
  • Bonus allocation for veSDT voters on the ynETHx/WETH pool
• Curve: veCRV voters on the ynETHx/WETH pool or Curve Lend markets: ynETH/crvUSD & ynETHx/crvUSD
• Yearn: veYFI voters on the ynETHx/WETH pool or Curve Lend markets: ynETH/crvUSD & ynETHx/crv
• Convex: Locked CVX voters on the ynETHx/WETH pool or Curve Lend markets: ynETH/crvUSD & ynETHx/crv
• Spectra: Future veSpectra voters on the ynETHx pool
• Thena: veTHE voters on any of these pools: BTCB/ynBTCk, enzoBTC/ynBTCk, or ynBNBx/BNB
• Leviathan News: Holders of SQUID LP Tokens on Fraxtal (via Curve/Convex)
• Nest AI: Holders of a minimum of 10,000 NEST tokens
• PrimeStaked (via Origin Protocol): Eligibility based on XP holders snapshot
• Kernel: Users who restaked a minimum of $250 via Kernel

For assets on Ethereum L2s, you can purchase them directly from Binance or bridge them using Rhino.fi bridge.

Claiming Process​

The exact snapshot date will be announced via YieldNest’s official social channels. After the Token Generation Event (TGE), users will be able to claim their tokens by:

1. Connecting their wallet to the official YieldNest app
2. Visiting the airdrop claim page

Post-Airdrop Governance​

After claiming the airdrop, YND token holders can participate in YieldNest’s governance through their Aragon v2-based platform:

• Stake YND to receive veYND
• Vote on incentive allocation
• Participate in governance proposals
• Earn additional rewards

Alternatively, users can delegate their voting power through StakeDAO to automate earnings.

YieldNest airdrop details​

1. Visit YieldNest and connect your wallet.
2. Deposit some ETH into ynETH to being earnings seeds.
3. Check out the Earn page for ynETH DeFi integrations to earn even more seeds.
4. Create a unique referral link and invite friends to earn seeds.
5. For more information about the Seeds campaign, check out this page.
6. Follow YieldNest on X for further updates.

Frequently Asked Questions​

Who qualifies for the YieldNest airdrop?​

Eligibility is extended to active participants in the YieldNest ecosystem through the Seeds Loyalty Program and to members of designated DeFi partner communities who hold specific tokens or NFTs.

What are the details of the Seeds Loyalty Program?​

The primary qualification path is the Seeds Program, which includes:

• Season OG (Epoch 1+2): Ended on August 20th, 2024
• Season 1: August 20th – October 22nd, 2024
• Season 2: Began on October 22nd, 2024 and is currently active

What if I am not yet eligible through the current Seeds Program?​

Users who do not qualify yet are encouraged to join Season 2 of the Seeds Program. By depositing ETH and earning Seeds (with current boosts of 6X on ynBNBx, ynBTCk, and ynETHx), they can work towards meeting the eligibility requirements.

When will the snapshot for the airdrop occur?​

The exact snapshot date and detailed claiming instructions will be announced soon. Participants are advised to ensure they meet the eligibility criteria before the snapshot is taken.

Will the eligibility criteria change?​

The eligibility list may be subject to change until it is finalized. Users should stay updated via YieldNest’s official channels for any adjustments.

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

• Airdrop Link: Go to airdrop

• Total value: n/a

• Airdrop confirmed

• Platform: eth

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