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REGULATION
by
1 year ago

TVL of restaking platforms have been increasing continuously

2024-04-02

REGULATION
by
1 year ago

 

Total value locked (TVL) in liquid restaking platforms have been increasing continuously.

 

defillama.com/protocol/eigenlayer


As of Apr 2, 2024, EigenLayer had $11.95 billion in TVL and ether.fi had $3.245 billion in TVL.

 

EigenLayer is the pioneer in restaking innovation. EigenLayer enables Ethereum stakers to stake liquid staking tokens as well as ETH native token to restake in other protocols especially within the Ethereum ecosystem.

 

Restaking is an innovative approach that allows staked ETH to be used in DeFi, layer 2 blockchains, data availability layers, decentralized sequencers, and blockchain-based services.

 

EigenLayer supports many liquid staking tokens.  

 

Ether.fi is a liquid staking platform that lets users stake their ETH and receive a liquid staking token called eETH. The platform allows users to restake eETH as well as other supported liquid staking tokens to receive additional rewards.

 

Restaking is an innovative approach that makes stakers earn rewards from both staking and restaking. 

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