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Vampire Restaking Rewards

LRT protocols are looking to juice airdrops, but should you restake natively anyway?

Jack Inabinet
Jan 24, 2024 • 1 min read

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Vampire airdrops. Liquid restaking protocol ether.fi just announced the launch of their deVamp program! How can you use it to maximize your ether.fi airdrop opportunity?

Many liquid staking protocols have previously implemented their own variation of a vampire attack with the intention of utilizing points and the promise of future rewards to steal depositors from LST heavyweights like Lido and Coinbase; ether.fi’s is no different!

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Written by Jack Inabinet

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Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.