🚀 Crypto News: Restaking is Booming! 🚀
🔹 TVL in liquid restaking protocols reached $15B in June, up from $300M just a few months ago. Ether.fi leads the way with over $5B TVL.
🔹 Restaking allows users to earn additional rewards from staked assets. EigenLayer started this wave in April, allowing ETH and ERC-20s to be restaken.
🔹 Providers such as Ether.Fi, Puffer Finance compete fiercely with attractive marketing campaigns.
🔹 However, risk management is needed to avoid a market crash. AVS services need to be thoroughly tested to ensure safety.
🔹 Competition promotes better technology and UX/UI, allowing more participants to participate and build a strong ecosystem.
👉 What do you think about the restaking trend? Comment now! 💬