🏋️ Put your rETH to work!

🎯Welcome, Singularity Pointoneers! That’s right you are point pioneers in the Singularity ecosystem andddd we just launched a way for you to earn even more!

Okay, fine, only because you asked nicely…

We are proud to officially support Rocket Pool’s rETH in the Singularity protocol so that users can earn double the rewards!

rETH holders can now put their rETH to work in the Singularity protocol to earn even more. Previously, rETH holders earned yield solely from staking their ETH.

Now, by staking rETH in Singularity, they can earn Singularity points while still receiving their rETH yield at the same time!

It's important to note that Singularity is non-custodial, allowing users to unstake their rETH at any time. However, unstaking will stop the accumulation of Singularity points.

I know, thanks ;)

So, how do you do participate?

Here’s a quick step-by-step guide:

1. Stake your ETH and mint rETH via Rocket Pool (If you don’t have rETH already).

2. Head to the Singularity dapp and complete KYC with Keyring by clicking “Verify your identity” (I know it’s a pain but we have to keep everyone safe).

3. After KYC is completed - deposit your rETH under the compliant staking tab directly from your KYC’d wallet

4. You now are the proud owner of sgrETH (Singularity Rocket Pool ETH) and earning rETH yield AND Singularity points.

A more detailed step-by-step guide here.

Hint: The more and longer you own sgrETH the more you earn!

P.S: You can also deposit your ETH, USDC, or USDT on Arbitrum or Ethereum on its own, but this is a way to earn double the rewards!

As always, feel free to join our Discord to join the community and ask questions!

Happy point farming! 🚜