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@rubyrhode
If you like this content, send me some DEGEN my friend... ClayStack boasts backing from some of the major players in Web3. Such as Coinbase, Solana Ventures, Animoca, Parafi, and others.
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@rubyrhode
CLAY serves as the native token for this protocol. Max total supply: 100M The token will play roles in governance, validator selection, growth, incentivization, and more.
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@rubyrhode
In this thread, our focus will be on: - CLAY points - EigenLayer points CLAY Points constitute the reward point system of ClayStack, and they will convert to their native token at a 1:1 ratio. Therefore, for every point earned, you will receive 1 token.
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@rubyrhode
There is just 1 step involved in this strategy: 1. Stake ETH: https://app.claystack.com/?code=b0oH6SmJ1O3hsKtccfQ2eyxgN3Jh2RC1lROw9ghAbPctOuU8F0vyPLH4 (ref) By staking ETH, you will be able to mint csETH. Also, you don't need to wait for caps to reopen.
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@rubyrhode
That means you can earn EigenLayer points irrespective of the caps. By following these steps, you'll earn both CLAY Points and EigenLayer points simultaneously. And you'll be able to convert the CLAY points to their token at a 1:1 ratio during the Token Generation Event (TGE).
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