Attention $ETHFI & $REZ hodlers!! New Tool Tracks Your Restaking Health! ๐Ÿ’ฅ

Gauntlet just go live the LRT Risk Dashboard, a new tool ๐Ÿ›  to help you keep an eye on your favorite projects (like ETHFI and REZ!). ๐ŸŒž๐Ÿ‘€

Think of it as a check-up for your staked assets. ๐Ÿคทโ€โ™‚๏ธ๐Ÿ˜‰ This dashboard provides insights into potential risks for each Liquid Re-staking Token (LRT), including:

๐Ÿ”˜ Tracking Error: How closely the LRT's price follows the underlying asset (e.g., ETH for ETHFI and REZ).

๐Ÿ”˜ Liquidity: How easy it is to buy and sell your LRTs.

๐Ÿ”˜ Historical Concentration: How much control any one party has over the liquidity pools.

So, how do ETHFI and #REZ stack up? ๐Ÿ’ป๐Ÿ‘€๐Ÿ‘‡

๐ŸŸข 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 .

๐ŸŸฃ 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!! ๐Ÿ™๐Ÿ‘