FAQ
What underlying assets does LRT2 contain?
Restaking-related rewards such as restaking network protocol tokens (e.g. ETHFI, EIGEN), and other participating restaking and LRT-related protocol tokens.
What are the King tokenomics?
Governance plans have not been released by the protocol just yet. We will release the details as soon they are ready.
How will King work in relation to leveraged Aave positions, YT pendle, etc...?
Same as loyalty points, Aave would earn on the weETH supply side, YT Pendle would earn based on the weETH representation. More ETH staked = more LRT². 1 ETH = 1 ETH, regardless of leverage. Everything related to King will be accruing at 1x rewards, we will not distribute restaking rewards unevenly.
How will the claim process work?
King rewards will coincide with payout of tokens from restaking network protocols and participating restaking protocols. This is scheduled as a weekly snapshot with King tokens available to claim.
Will King Protocol take into account DeFi positions as well?
Yes. Staked ETH earns King in all supported DeFi positions that are being tracked. Same as eETH/weETH.