Introduction to primeETH and OETH
The EigenLayer platform has witnessed over $2 billion in ETH and Ethereum LST deposits, but most of these funds remain illiquid. PrimeStaked addresses this liquidity challenge with its Liquid Restaking Token (LRT), primeETH, which offers unique advantages:
- Liquidity retention while restaked
- Enhanced rewards combining EigenLayer restaking yields, LST earnings, and additional incentives
PrimeStaked launched in sync with EigenLayer's deposit window on February 5th (12 PM PST). As the platform's premier asset, OETH deposits earn a 2x multiplier on primeETH XP.
Why Choose OETH?
Original Ether (OETH) outperforms traditional LSTs with:
- Higher yields (2%+ above leading LSTs)
- DeFi-integrated strategies stacking LST rewards + DeFi returns
- Rigorous audits by OpenZeppelin, TrailofBits, and Narya (12+ total audits)
Step-by-Step Guide to Minting primeETH
Step 1: Acquire Original Ether (OETH)
- Purchase OETH on Curve (highest liquidity) or Uniswap
- Mint directly via OETH dApp for zero slippage
- Redeem OETH 1:1 for underlying collateral anytime
👉 Get OETH now for 2x primeETH XP
Step 2: Convert OETH to primeETH
- Visit PrimeStaked
- Connect your wallet
- Select OETH and mint primeETH
Note: Early deposits qualify for 5x–4x multipliers during EigenLayer's 4-day window.
Step 3: Maximize Rewards
Hold primeETH to:
- Earn EigenLayer points
- Accumulate XP 2x faster with OETH
- Qualify for whale multipliers (1.05x–1.2x)
Track holdings at PrimeStaked Dashboard
primeETH XP Mechanics
XP reflects your ecosystem contribution and determines future token distributions.
Key Earning Factors
| Factor | Impact |
|---|---|
| Deposit size | Larger = More XP/hr |
| Early timing | 5x–1x decaying multiplier |
| OETH allocation | 2x permanent multiplier |
XP Calculation
XP/hr = (LST Amount × 10,000) + (OETH Amount × 20,000)
× Early Multiplier × Whale BonusMultiplier Examples
| Scenario | Multipliers | Total Boost |
|---|---|---|
| 3,000 OETH at launch | 5x + 2x + 1.2x | 6.2x (520%) |
| 50 stETH on Day 2 | 4x + 1.05x | 4.05x |
| 100 OETH post-window | 2x + 1.1x | 3.1x |
👉 Start minting primeETH today
FAQ
What’s the minimum deposit for whale bonuses?
- ≥10 primeETH: 1.05x
- ≥100 primeETH: 1.1x
- ≥1,000 primeETH: 1.15x
- ≥2,000+ primeETH: 1.2x
Can I redeem primeETH immediately?
While direct redemptions are initially disabled, you can trade primeETH for ETH on Uniswap V3.
How long do XP multipliers last?
Early deposit bonuses decay daily from 5x to 1x over EigenLayer's 4-day window. OETH's 2x multiplier persists indefinitely.
Where can I track my XP?
Monitor accumulations via the PrimeStaked dashboard.
For updates, follow PrimeStaked on Twitter. Questions? Join the Discord.