Kroma Spectrum: Stake your ETH, Spectrum your Yield

We’re excited to announce the launch of Spectrum, the revolutionary staking service brought to you by Kroma! Now live, Spectrum offers users the opportunity to deposit ETH, stETH, and eETH, engage with our ecosystem, and invite friends to earn rewards.

Pioneering HEXA rewards, Spectrum provides high yields through staking while leveraging tokens across various games and DeFi ecosystems on Ethereum Layer 2. Spectrum aims to redefine the Ethereum Layer-2 landscape, empowering users to maximize earnings within the decentralized finance (DeFi) sector.

What is Spectrum?

Revolutionizing restaking: Stake smart, harvest hexa rewards with Spectrum

Operating on Kroma, an Ethereum Layer 2 platform, Spectrum allows users to stake ETH, stETH, and eETH to earn staking yields and additional rewards through restaking. Designed to maximize earnings, Spectrum deposits staked assets into Ether.fi, managed in the Spectrum Vault as eETH. This eETH supports L2 spETH, offering spETH holders staking and restaking rewards, Ether.fi points, and EigenLayer points.

spETH

Through staking, users receive spETH,a tokenized proof of their staked assets. spETH can be used across various DeFi services and games on Spectrum. Spectrum is expanding its ecosystem to ensure that spETH can be widely used in DeFi applications.

• spETH L2 Contract Address: 0x61e0D34b5206Fa8005EC1De8000df9B9dDee23Db

First HEXA Rewards: Because PENTA Just Isn’t Enough🌈

1. ETH APR
   Receive rewards for contributing to the growth of our network while generating passive income.
2. Restaking Rewards
   Amplify your rewards through restaking
3. EigenLayer Points
   Participating in our ecosystem will allow you to gain access to EigenLayer Points, which can be converted into further rewards and incentives in the future.
4. Ether.fi Loyalty Points
   Accumulate Ether.fi Loyalty Points to unlock more rewards and incentives. The Ether.fi protocol sends all these points straight to eETH holders, ensuring maximum benefit for our community.
5. Kroma Spectrum Points
   As an active participant in our ecosystem, you will earn KSP. These points entitle you to a share of the rewards generated within our network.
6. WEMIX.e
   By joining the airdrop, you will gain access to additional rewards and unlock even more opportunities within the Spectrum ecosystem.

What ONLY Spectrum offers:

Spectrum’s HEXA rewards stand out with Kroma’s unique offering of the wemix.e airdrop to Spectrum stakers. Backed by Wemade, Kroma is set to distribute 40,000 wemix.e tokens based on accumulated KSP, enhancing the appeal of re-staking rewards and solidifying Kroma’s position as a top choice for users and industry players alike.

Kroma Spectrum Points (KSP)

Users are incentivized with Kroma Spectrum Points (KSP) for ecosystem participation, obtained by holding spETH or engaging with spETH-integrated DeFi services and games. KSP can later be exchanged for $KRO, Kroma’s upcoming token.

Point categories

• Daily points: Distributed daily at 00:00 UTC.
  1) Hold points: Earned for holding spETH, with 10 pts awarded per 1 spETH.
  2) Dapp points: Earned by using DApps within the spETH Ecosystem.
  3) Referral points: Earned when you invite others using your referral code.
  4) Secondary referral points: Earned when your invitees successfully invite others

** The referral point can be received only if the invitee deposits at least 0.001 ETH into Spectrum.

• Event-based points: Earned through event-based activities such as quests, GameFi, and trading.

KSP Boosting

To encourage active involvement and recognize contributions within the ecosystem, users will enjoy various boosts, creating a mutually beneficial environment where both users and the ecosystem flourish together.

You can earn extra KSP boosts through the following scenarios:

• KQM/ KGH NFT holder Boost
• Referral Boost (Referral Boost / Secondary Referral Boost)
• Event Boost

For calculation or more detailed information, please check out Kroma Spectrum Points.

Referral Program- Invite, Earn & Boost!

Spectrum is about shared success. The referral project is designed to reward users for helping our network flourish. Inviting friends to join Spectrum can earn rewards collectively.

How Invites Works

• You get points when your invites earn points and when their invites earn points.
• You get an additional 16% of your friend’s Base Points and DApp Points
• Earn an extra 8% when their invites earn points

For calculation and more detailed information, please check out Referral Program.

Event

We appreciate users’ engagement for their support and contribution to the ecosystem, so active participants will be rewarded with a boost.

Early Access Boost — For early participation

To celebrate the grand opening of Spectrum, we are holding a two-week event for early participants which boosts their KSP by 100%(2x)!

📅 5/14 9:00 AM ~ 5/27 2:59 PM UTC

External DApp Weekly 20% KSP Boost

We are rewarding community members of the external Dapps with an additional 20% boost in KSP points! The project list will be updated weekly in the future.

⭐Grand Opening External DApp Boost

📅 5/14 9:00 AM ~ 5/27 2:59 PM UTC

For more event information, please check out Events and Detail.

KRO Allocation

Spectrum operates on a seasonal basis, each season allocated a specific amount of KRO tokens. Season 1 commences on May 14th, with the end date to be announced on our official social media channels.

For more information, please check out KRO Allocation.

📢 The spETH ecosystem is expanding. Are you interested? Join us!

Kroma remains committed to broadening its ecosystem through strategic collaborations with top-tier projects. Keep an eye on our social media channels for the latest updates!

About Spectrum

Spectrum is Kroma’s native staking service designed to enable high yields through restaking while utilizing staking tokens in a diverse array of games and DeFi ecosystems on Kroma. Its pioneering ‘hexa rewards’ system offers users six layers of rewards, fostering engagement and maximizing returns for participants within the Kroma ecosystem.

Website | Docs

About Kroma

As Asia’s leading game-centric Layer 2 solution, Kroma is an Optimistic Rollup with a ZK fault-proof system based on the OP Stack and utilizing Scroll’s zkEVM. Kroma will transition to a universal ZK Rollup once the generation of ZK proofs becomes more cost-efficient and faster — using our original project, Tachyon.

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Kroma Spectrum: Stake your ETH, Spectrum your Yield was originally published in Kroma on Medium, where people are continuing the conversation by highlighting and responding to this story.