The Chain for Gasless Transactions & Unmatched Staking Yields
Content on this page was provided by the Olive Network team
The Olive Network “Staking Saga” is an exciting rewards campaign that rewards its community for collective accomplishments. Olive’s mission is to bring the benefits of Ethereum to the masses and make Ethereum’s EVM accessible to people from different economies across the globe by leveraging gasless transactions, fast finality, and the security of Ethereum.
Users can stake assets including ETH, LSTs (Liquid Staked Tokens) and LRTs (Liquid Restaked Tokens) on Ethereum and Arbitrum mainnet, and Pendle's PT tokens of LSTs and LRTs including PTrsETH, PTweETH, PTezETH, and PTpufETH. Rewards are available for staking these assets including Olive points, Eigen Layer Points, LRT/LST points, and the staking APY.
| Olive "Staking Saga" Rewards Campaign Details | |
| Program | Olive “Staking Saga” Rewards Campaign |
| Eligibility | Certain jurisdictional limitations apply (i.e. users must be non-U.S./Canada and OFAC compliant), as outlined here. |
| Participation Limit | Unlimited |
| Timeline | The campaign is expected to run from April 4, 2024 until July 30, 2024. The timeline is subject to change at the sole discretion of Olive Network. |
| Allocated Rewards | Up to 1,500,000,000 OLIVE tokens, (15% of the total supply). All rewards are expected to be distributed by Olive Network upon the TGE, with no vesting period or lock-up conditions. |
| Rewards Campaign FAQ | Olive “Staking Saga” Rewards Campaign FAQ |
Here’s a better way to understand the Olive points reward system:
