Key Takeaways
- The Karak Network is designed to focus on risk management, offering features to mitigate risks associated with DeFi activities.
- The project proposes a concept called “universal restaking,” wherein the system breaks down barriers by allowing anyone to contribute to crypto security with any digital asset they hold, regardless of the blockchain it’s on.
- Karak is currently in the early access phase of its mainnet launch and has recently launched its XP program.
What Is Karak Network?
Karak Network is a Layer-2 blockchain focused on risk management and enhancing the Ethereum network.
Here are some key points about the project:
- Layer-2 innovation – Karak Network aims to enhance Ethereum by providing modular security and secure restaking functionalities.
- Risk Management – One of the project’s key features is its focus on risk management, aiming to create a safer environment for users.
- Restaking – Karak Network offers a universal restaking layer, allowing users to earn rewards by staking their assets across various blockchains.
- AI Integration – Karak Network plans to integrate AI infrastructure, potentially enabling new applications and functionalities.
- Early Stage – Karak Network is currently in its early access phase and recently launched its Karak XP program.
The project also recently secured $48 million in funding from investors such as Coinbase and Pantera Capital.
How To Qualify For An Airdrop?
Karak has entered an early access phase, allowing users to participate and potentially earn rewards through an XP program.
To join:
👉 STEP 1: Head over to the https://karak.network/ and click “Restake now.”
👉 STEP 2: Enter an early access code ZYYN1.
👉 STEP 3: Connect your X and Discord accounts.
👉 STEP 4: Bridge USDC, ETH, and rswETH to earn Karak XP.
Final Thoughts
Users who collect XPs will likely get an airdrop if their token goes live. However, please note that there is no guarantee that they will do an airdrop or launch their token.
That’s about it for this airdrop guide! If you have any questions, please do not hesitate to contact us on our official social media channels. Good luck!
