Attention $ETHFI & $REZ hodlers!! New Tool Tracks Your Restaking Health! ๐ฅ
Gauntlet just go live the LRT Risk Dashboard, a new tool ๐ to help you keep an eye on your favorite projects (like ETHFI and REZ!). ๐๐
Think of it as a check-up for your staked assets. ๐คทโโ๏ธ๐ This dashboard provides insights into potential risks for each Liquid Re-staking Token (LRT), including:
๐ Tracking Error: How closely the LRT's price follows the underlying asset (e.g., ETH for ETHFI and REZ).
๐ Liquidity: How easy it is to buy and sell your LRTs.
๐ Historical Concentration: How much control any one party has over the liquidity pools.
So, how do ETHFI and #REZ stack up? ๐ป๐๐
๐ข REZ (ezETH): The dashboard shows ezETH has a higher risk due to its historical tracking error. In simpler terms, the market price of ezETH has fluctuated more than 1% compared to the value of the underlying $ETH .
๐ฃ ETHFI (weETH): Good news! weETH seems to be in healthy territory. Its market price has consistently stayed within 0.5% of the underlying #ETH value for the past 90 days.
Remember, this is just one tool in your belt. It's always a good idea to DYOR before making any investment decisions. Stay informed, we'll keep you posted on more updates from the LRT Risk Dashboard. #altcoins
Check out Gauntle's official X for link to dashboard!! ๐๐