Restaking ETH š 27% APY | #Trend
Restaking project #EigenLayer reached $7bln TVL in a year š² and 6th place in TVL volume among #DeFi categories according to Defilama.
#Restaking is a method of increasing š your staking profits by re-staking the value of your ETH tokens on different protocols and networks. This way you get income from 2 platforms at once š
ā Liquid restaking differs from regular restaking in that when staking you get LRT that you can use in other DeFi protocols of #Ethereum and other networks and generate revenue š° from 3 or more platforms.
Example usage š
1ļøā£ Stake $ETH in Lido (3.6%)
2ļøā£ Restake $stETH in Kelp (3%)
3ļøā£ Add liquidity $rsETH in Pendle (21%)
š Total APY 27.6% š¤
š” Most protocols launched recently, so in addition to restaking revenue, users can get airdrop š