đ„Since April, the total amount of #Ethereum deposited into 'restake' services has remained virtually unchanged. However, there has been a shift in market share among restake platforms.
EigenLayer, which once held the top spot, now holds 85% of the market share. Notably, two newcomers Symbiotic and Karak have quickly captured 11% and 4% of the market share, respectively.
This raises the question: Will restake services become a commodity, where users don't care much about whose service they use, as long as they receive a corresponding return?
'Restake' here means that users have staked their ETH (to secure the Ethereum network) and then continue to use the 'proof' of that stake to participate in other services to earn more returns.
