Kroma has announced the highly anticipated launch of Spectrum, a groundbreaking, native staking service designed to transform the Ethereum Layer-2 landscape. Spectrum will go live on May 14, 2024, offering users the opportunity to harness the potential of staking ETH, stETH, and eETH, and earn more within the decentralized finance (DeFi) sector.

Spectrum introduces spETH, a proprietary risk-taking token for synthetic assets, enabling users to maximize liquidity for their staked Ethereum assets and access a wide range of trading opportunities and additional earning chances across DeFi protocols and applications. The platform has already onboarded renowned decentralized applications (dApps) and plans to integrate more in the future.

What sets Spectrum apart is its innovative 'Hexa Reward' system, providing six rewards, including Ethereum APR, restaking rewards, EigenLayer Points, Etherfi loyalty points, KSP (Kroma Spectrum Point), and wemix.e airdrop. Kroma will airdrop 40,000 wemix.e based on accumulated KSP to users, offering a new type of restaking reward.

Spectrum's unique infrastructure has drawn significant attention, positioning itself as a frontrunner in DeFi. Participants in the Spectrum ecosystem are rewarded with KSP, exchangeable for KRO tokens upon release. To commemorate the launch, Spectrum will host a two-week early access event, doubling KSP points to enhance rewards for stakers.

Kroma remains committed to collaborating with high-quality projects to expand Spectrum's growing ecosystem. Spectrum is Kroma's native staking solution, offering high payouts through restaking while leveraging staking tokens in various games and DeFi ecosystems on Kroma. Operating on the Layer-2 blockchain platform, Kroma addresses Ethereum's scalability challenges while ensuring reliable security and decentralization standards.