Karak Network Airdrop Closed

Karak Network (now rebranded as OpenGDP) is a universal restaking protocol that launched in 2023, enabling multi-asset restaking across various networks including Ethereum and Arbitrum. The platform is the second-largest restaking protocol after EigenLayer, with over $740M in total value locked (TVL). Karak raised $48M in Series A funding in December 2023 at a valuation over $1 billion, led by Lightspeed Venture Partners with participation from Coinbase Ventures, Pantera Capital, Mubadala Capital (Abu Dhabi's second-largest fund), Framework Ventures, and Bain Capital. The protocol allows validators and liquid staking token holders to secure additional protocols without unstaking from the base layer through universal restaking. Karak has announced its native token $KAR as the primary asset within its ecosystem. The platform competed in the restaking space alongside EigenLayer (~$18B, 94% share) and Symbiotic, positioning itself as a multi-chain alternative with broader asset support. K2 Network was announced for closure by end of 2025 per Discord announcement.

Karak Network operates a potential airdrop program where users earn Karak XP through restaking activities that may convert to $KAR tokens upon distribution. Active earning opportunities include Galxe tasks launched May 23, 2024, offering 150 points for completion. Historical closed activities included K2 Network Withdrawal (Nov 24 - Dec 31, 2025) where participants could unstake and bridge coins before K2 Network closure, Karak V2 Mainnet participation, and liquidity provision earning Karak XP across Ethereum, Arbitrum, and Fraxtal blockchains. The platform supports multi-asset restaking allowing broader participation than ETH-only protocols. Karak competes with EigenLayer and Symbiotic in the restaking infrastructure space. The project rebranded to OpenGDP with website at opengdp.network. V1 withdrawals were instant while v2 required 9-day waiting period. Total 4 steps tracked for progress monitoring. Airdrop status remains 'Potential' with reward date TBA.

1. Visit https://opengdp.network to access the platform
2. Connect your cryptocurrency wallet (MetaMask, Ledger, etc.)
3. Navigate to Galxe tasks at galxe.com/karak or galxe.com/opengdp
4. Connect wallet or social accounts to Galxe platform
5. Complete available tasks to earn 150 points
6. Provide liquidity on supported chains (Ethereum, Arbitrum, Fraxtal) for XP
7. Restake assets on Karak/OpenGDP platform to earn Karak XP
8. Participate in referral program to multiply XP earnings
9. Engage with Karak/OpenGDP community on X (Twitter) @OpenGDP
10. Monitor progress through task tracking dashboard (4 total steps)
11. Keep assets restaked to maximize XP accumulation over time
12. Follow official announcements for token launch and distribution details
13. Note: K2 Network closed end of 2025 - ensure assets migrated
14. Track XP balance to estimate potential $KAR allocation

To maximize airdrop allocation:

• Complete all Galxe tasks immediately for 150 point boost
• Provide liquidity across all three supported chains (Ethereum, Arbitrum, Fraxtal) for multi-chain XP
• Restake maximum asset amounts early - longer participation likely weighted higher
• Use referral program actively to multiply your XP earnings
• Participate across multiple activities (restaking + liquidity + tasks) for diversification
• Engage with OpenGDP community for insider alpha on new XP opportunities
• Monitor for new Galxe campaigns and complete them as released
• Keep assets restaked continuously rather than withdrawing - commitment signals matter
• Early participants (since 2023 launch) likely have accumulation advantage
• Multi-asset support means diversify across different collateral types
• Compare your XP to others in community to gauge allocation tier
• Position for long-term - $48M raise + $1B valuation signals major token launch
• Follow Lightspeed, Coinbase Ventures, Pantera for strategic insights
• Second-largest protocol after EigenLayer = significant airdrop likely

Karak Network (now OpenGDP): Universal restaking protocol. $48M from Lightspeed, Coinbase, Pantera. $740M+ TVL. 2nd largest after EigenLayer. Multi-chain XP earning. $KAR token coming.

Karak Network rebranded to OpenGDP on May 10, 2026 (per opengdp.network), and v2.karak.network explicitly states no Karak token live at this time. No airdrop has occurred, no claim window exists, and no tokenomics have been announced — only a points-based Karak XP program (LBTC staking). The $48M Series A is confirmed via TechCrunch (Dec 13, 2023, raised by parent Andalusia Labs, lead Lightspeed) with verified investors Mubadala, Pantera, Framework, Bain Capital, and DCG; Coinbase Ventures is NOT in the primary source. TVL has collapsed ~99.4% from ~$1.1M peak to ~$6,604 (DefiLlama), zero audits are listed, and the public GitHub org returns 404. The pivot from restaking L2 to institutional RWA Programmable GDP further reduces the probability of a meaningful retail airdrop. Sources: v2.karak.network, opengdp.network, techcrunch.com/2023/12/13/andalusia-labs-series-a-fundraise, defillama.com/protocol/karak, coinmarketcap.com/currencies/karak. Confidence: high.

[Archive decision: ARCHIVED. Archived: no KAR token exists (official disclaimer on v2.karak.network), no airdrop has occurred, and no claim window has ever been open.]

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