Cost:
From $24
Reward Type:
LXP-L
Status:
![Confirmed](https://drophunt.club/wp-content/plugins/crypto-information-block/assets/front/img/ππ».png)
Confirmed
Reward Date:
![calendar-icon](https://drophunt.club/wp-content/plugins/crypto-information-block/assets/front/img/calendar.png)
6mo. or 3 billion TVL.
![](https://drophunt.club/wp-content/uploads/2024/05/Screenshot_1-4-1024x540.png)
Right now, the activity has fully kicked off, and we can start farming LXP-L. Letβs aim to grab not only these but also drops from related projects.
π¦ββ¬ Key points:
π΅ There will be 6 months (6 Volts) of LXP-L farming or until the blockchain reaches $3 billion TVL.
π΅ Volt 1 started on May 16, and with each subsequent Volt, LXP-L farming will decrease by 10%.
π΅ The minimum amount to participate in Linea Surge is over $24.
π΅ LXP-L will be distributed every hour.
I spent a lot of time choosing protocols to invest in. Each option had its downsides, so I decided to go with the simplest and most optimal solution, where we wonβt have to constantly monitor our liquidity and risk suddenly stopping LXP-L farming.
βοΈ Hereβs what Iβll be farming:
β« LXP-L from Linea
β« Renzo Points (Season 2 drop is on July 26)
β« EigenLayer Points (which will get us a drop)
β« ZeroLend (gives a 2x boost for Renzo Points)
β Steps to follow:
Activate your wallet in Linea Surge:
1οΈβ£ Go to the website and click “Connect wallet” at the top right.
2οΈβ£ Click “Sign” and authorize through Metamask.
![](https://drophunt.club/wp-content/uploads/2024/05/Linea-LXP-L-1024x558.png)
3οΈβ£ Verify the code vPmHaSJeza and click “ACTIVATE!”
![](https://drophunt.club/wp-content/uploads/2024/05/Screenshot_1-2-1024x548.png)
ββββββ
Transfer ETH to Metamask in the Linea network:
1οΈβ£ You can withdraw from OKX exchange (fee $0.66).
2οΈβ£ You can transfer through this bridge.
ββββββ
Deposit ETH into Renzo:
1οΈβ£ Go to the Renzo website, click “Connect wallet,” accept the terms, and connect your wallet in the Linea network.
2οΈβ£ Click here and select ETH in the Linea network
![](https://drophunt.club/wp-content/uploads/2024/05/6-1-1024x501.png)
3οΈβ£ Convert ETH to ezETH by clicking “Confirm” β‘οΈ “Confirm Transaction” and signing the transaction.
![](https://drophunt.club/wp-content/uploads/2024/05/1-5-1024x641.png)
β³ Important notes:
β« Converting ETH to ezETH gives you Eigenlayer + Renzo points.
β« Track your points in the “Portfolio” tab.
![](https://drophunt.club/wp-content/uploads/2024/05/Screenshot_2-1-1024x409.png)
β« Points are distributed every 24 hours.
β« For each ETH, you get 1 EZ and Eigen point per hour.
ββββββ
Deposit ezETH into Zerolend:
1οΈβ£ Go to the website and click “Connect Wallet” at the top right.
2οΈβ£ Choose “Browser wallet” and connect Metamask in the Linea network.
![](https://drophunt.club/wp-content/uploads/2024/05/3-2-1024x527.png)
3οΈβ£ Switch the market to the Linea network.
![](https://drophunt.club/wp-content/uploads/2024/05/8-1024x458.png)
4οΈβ£ Scroll down and select “Renzo ezETH”.
![](https://drophunt.club/wp-content/uploads/2024/05/4-3-1024x499.png)
5οΈβ£ Click “Supply”, enter the amount, click “Approve”, and sign the transaction.
![](https://drophunt.club/wp-content/uploads/2024/05/3-3-1024x562.png)
6οΈβ£ Click “Supply ezETH” and sign the second transaction.
![](https://drophunt.club/wp-content/uploads/2024/05/5-2-1024x607.png)
7οΈβ£ Go to the “Dashboard,” enable π “Isolated”, and sign the transaction.
![](https://drophunt.club/wp-content/uploads/2024/05/6-3-1024x494.png)
8οΈβ£ You can now borrow ETH βοΈNO MORE THAN 50% of what you depositedβοΈ following this guide and signing the transaction (you might need to “Approve” first, then click “Borrow”).
![](https://drophunt.club/wp-content/uploads/2024/05/8-1-1024x588.png)
9οΈβ£ Deposit the borrowed ETH into the pool following this guide.
![](https://drophunt.club/wp-content/uploads/2024/05/9-1-1024x526.png)
5οΈβ£ Monitor LXP-L here.
βοΈ Important to understand:
π΄ Despite my negative feelings towards Zerolend due to its small drops, there are no alternatives in Linea right now.
π΄ Thanks to it, weβll be farming points in EigenLayer + 2x in Renzo and get the $EZ drop on July 26.
π΄ We can also farm more LXP-L thanks to the loan and reinvesting into the pool.
π΄ In my example, having 10 ETH in my wallet, I farm LXP-L with 15 ETH, which is very profitable.
π΄ You can withdraw money from Zerolend anytime without losing any points.
π΄ ZeroLend also offers small rewards for using it in the future.
![](https://drophunt.club/wp-content/uploads/2024/05/11-1-1024x468.png)
βΉοΈ The most important thing to remember is that weβre here for LXP-L, and thatβs our main goal. Any drops from related projects are a bonus, regardless of their size. Plus, all this happens in the Linea network with very low fees, and you can always move things around.
If I move anything or find something more interesting that allows passive and stress-free LXP-L farming, Iβll definitely let you know.
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