š„Hot off the press! Ether restaking protocols are making waves with double-digit passive returns. But before you dive in, Jeff Owens, CEO of Haven1, has a word of caution: "The more you loop your assets, the more risk you're at." šš°
Asset looping, a result of liquid staking, allows the same capital to be used across multiple protocols. It's like a game of Jenga - one wrong move and it all comes tumbling down. š²š
Haven1's new restaking portal offers a whopping 25.24% APR. But don't get too excited - it's a "pre-mainnet incentive mechanism" and not meant to be sustainable. It's like a party popper - fun while it lasts, but don't expect it to keep going all night. šš
So, what's your take on Ether restaking? Are you ready to loop or do you prefer to play it safe? Drop your thoughts below! šš¤
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