Liquid restaking tokens (LRTs) are revolutionizing the restaking sector within decentralized finance (DeFi), offering a simpler alternative to traditional Ether (ETH) staking. These tokens provide stakers with the flexibility to use their staked assets in various protocols, boosting DeFi capital efficiency. The total value locked (TVL) in LRTs has skyrocketed by over 8,300% this year, reaching $13.8 billion. Liquid restaking protocols have made staking more accessible to retail users, eliminating the need for a minimum of 32 Ether, valued at over $106,000, for validator node operation. EigenLayer, the leading restaking protocol with a TVL of over $16 billion, has played a pivotal role in the industry's growth. Ether.fi, controlling half of the LRT market, has seen success due to its user-friendly restaking model. Despite Ethereum's price lagging behind Bitcoin, the rise of LRTs signifies a significant shift in the DeFi landscape. Read more AI-generated news on: https://app.chaingpt.org/news