Nicosia, Cyprus, 28 March– Coinscribble by Coinbound / Eclipse is a modular blockchain platform that combines Ethereum‘s security with Solana’s high performance, offering a scalable environment for decentralized applications (dApps) and potential airdrops for early users.
Engaging with the Eclipse ecosystem not only enhances your blockchain experience but also grants you eligibility for future airdrops by collecting Grass Points.
What is Eclipse? Key Features
Solana Virtual Machine (SVM) Execution: Utilizing the SVM, Eclipse ensures rapid transaction processing, enabling developers to deploy Solana applications with minimal modifications.
Ethereum Settlement Layer: By leveraging Ethereum’s robust security and established infrastructure, Eclipse provides a reliable settlement layer for transaction finalization.
Scalable Data Availability: Eclipse employs Celestia for efficient data management, reducing storage costs and facilitating easier verification.
Zero-Knowledge Proofs: Incorporating RISC Zero’s zero-knowledge proving mechanism, Eclipse adds an additional security layer by generating cryptographic proofs to verify transaction validity.
Get Ready to Use Eclipse
To start using Eclipse, you need to set up a Backpack wallet:
- Go to Backpack.app
- Install the Backpack Wallet extension
- Add the Eclipse Mainnet Network in your Backpack wallet
Next, transfer assets from other blockchains using Hyperlane:
- Visit the Hyperlane Nexus Bridge to initiate the bridging process.
- Link your existing blockchain wallet (e.g., MetaMask) and your Eclipse-compatible wallet (such as Backpack, OKX Wallet, or Nightly).
- Choose the asset you wish to transfer (e.g., ETH) and specify the amount.
- Approve the transaction in your wallet and wait for the transfer to complete.
Minting tETH on Eclipse
Turbo Ethereum (tETH) is a restaking token native to the Eclipse network. Here’s how to mint tETH:
- Ensure you have liquid staking tokens like WETH, ezETH, or pufETH on the Ethereum network.
- Visit the Eclipse tETH minting page, connect your wallet, select the token and amount, and proceed to mint tETH.
- If you don’t have the supported tokens, you can mint tETH through Orca Finance using ETH. Connect your Eclipse wallet, select the ETH/tETH pair, and execute the swap.
Lending and Borrowing on Eclipse
- Maximize your assets by participating in lending and borrowing platforms:
Astrol Finance
The first native lending protocol on Eclipse, Astrol Finance surpasses $15 million in total value locked and 80,000 users. Supply assets to earn interest or borrow against your collateral.
- Point Program Active: Lend tETH on Eclipse and borrow USDC against it to earn Astrol Points, passive Grass Points, and Nucleus Points.
EnsoFi
A cross-chain lending protocol that allows you to supply assets to earn yield and borrow against collateral across Solana, Sui, and Eclipse.
- Point Program Active: Supply tETH and borrow USDC on EnsoFi.
Earning Grass Points with Turbo Tap
Turbo Tap is a gamified platform where you can earn Grass Points through interactive participation:
- Visit Turbo Tap, enter an invite code (available from the Eclipse Discord community), and connect your Eclipse wallet.
- Deposit a small amount of ETH to cover transaction fees for tapping (approximately 0.00000005 ETH per click).
- Click on Turbo (the platform’s mascot) to earn Grass Points. Regular participation increases your accumulation.
How to Earn Grass Passively
Grow your Grass Points passively by supplying liquidity to decentralized exchanges (DEXs) on Eclipse and engaging daily with Turbo Tap:
- Provide liquidity on platforms like Invariant, Orca, and Lifinity to earn fees, DeFi yields, and passive Grass Points.
- Daily participation in Turbo Tap earns additional Grass Points.
- Check Turbo Boosts: Some boosted projects offer a 10% increase in passive Grass rate and 1 Grass per tap.
By actively interacting with the Eclipse ecosystem and its diverse dApps, you can enhance your blockchain experience and potentially qualify for future airdrops.
For a visual walkthrough and a more detailed guide on Eclipse, check out Pink Brains’ X (Twitter) thread.
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
