Meditations Staking and FormETH ($FETH) are Now Live! 🚀

Hey Formies,
We're thrilled to announce that Meditations, our native yield and pre-deposit campaign, is now live! This marks a significant milestone for Form Network as we emerge from stealth mode. Here are all the exciting details:

🔗 Meditation dashboard: https://meditations.form.network

Meditations Launch
Meditations is Form’s pre-deposit staking campaign, and Form ETH ($FETH) is our native yield-bearing asset, representing the future of Form and the SocialFi category. You can stake your assets to earn FORM Points and engage with some of our notable ecosystem partners.

Featured Projects
Our initial launch includes the following assets and incentives:
1. Renzo: Offering pzETH and ezETH (3x FORM Points)
2. Pendle: Featuring PT-ezETH (3x FORM Points)
3. ETH, WETH, stETH, wstETH (2x FORM Points)
4. Form ETH (FETH): The first native yield asset for SocialFi (3x FORM Points)
In addition, users will be able to earn Nucleus Points, EigenLayer Points, Turtle Club (coming soon), and much more.

Introducing Form ETH (FETH): The First Native Yield Asset for SocialFi
We're excited to introduce Form ETH (FETH), a game-changing asset in the SocialFi space:
1. Earn While Using: FETH allows you to earn rewards and Form Points while participating in the SocialFi ecosystem.
2. Easy Staking: Deposit your LRTs, LSTs, or ETH to mint Form ETH and start staking: https://meditations.form.network/yield/eth
3. Flexible Redemption: Redeem your FETH anytime to unlock your original assets and earned yields.
4. Seamless Integration: FETH is a dynamic, permissionless ERC-20 token designed for easy integration across various applications.
5. Default Native Yield Token: FETH serves as the default native yield token for the Form blockchain.

FORM Token Airdrop
Form Network will reward all Meditations participants with FORM Points, our off-chain points system created to incentivize on-chain activities that help grow the ecosystem. By joining the pre-deposit campaign, you’ll earn FORM Points, which will be converted into $FORM tokens as we approach our TGE (Token Generation Event).

At least 8% of the $FORM token supply will be distributed to stakers in Meditations Phase 1 (pre-deposits) and Phase 2 (incentivized mainnet). In total, over 50% of $FORM tokens will go to the Form community!

Looking Ahead
This is just the beginning of our journey to bring a scalable, low-cost SocialFi ecosystem to 50 million users by 2030. Your participation is crucial in shaping the future of SocialFi.

For more details, visit https://meditations.form.network/faq

Turtles x Form: Boost Your Staking Rewards! 🐢

Turtle Club has teamed up with Form to bring you an explosive opportunity:
Form Meditations and FormETH staking are NOW LIVE on the Turtle Club House dashboard!

🌟What’s in it for you?
- Join the Turtle Club and get a 25% boost on your LP staking rewards.
- Stake with Meditations or Form ETH and earn Turtle Points, which convert to $TRT after the Turtle TGE.
- Plus, if you're using Renzo Protocol, you'll earn ezPoints and enjoy 3x Form points on deposits.


💫 Easy Steps to Boost Your Yield:
- Become a Turtle Club member: Join here! 🐢
- Connect your wallet and sign the transaction 🔑
- Add liquidity to Meditations or Form ETH via the Meditations dashboard

⭐️But wait, there's more! By joining forces, you'll get:
- 3x Form points
- 25% Turtle LP Boost
- Additional yield from Renzo, Mellow, Nucleus, and other Form partners

Ready to shell out some gains? Visit https://turtle.club/ now ✨

Read more:
- https://x.com/0xForm/status/1844000814756466817