Restaking ETH 📈 27% APY | #Trend
Restaking project #EigenLayer reached $7bln TVL in a year 😲 and 6th place in TVL volume among #DeFi categories according to Defilama.
#Restaking is a method of increasing 📈 your staking profits by re-staking the value of your ETH tokens on different protocols and networks. This way you get income from 2 platforms at once 👍
❗ Liquid restaking differs from regular restaking in that when staking you get LRT that you can use in other DeFi protocols of #Ethereum and other networks and generate revenue 💰 from 3 or more platforms.
Example usage 👇
1️⃣ Stake $ETH in Lido (3.6%)
2️⃣ Restake $stETH in Kelp (3%)
3️⃣ Add liquidity $rsETH in Pendle (21%)
👉 Total APY 27.6% 🤑
💡 Most protocols launched recently, so in addition to restaking revenue, users can get airdrop 😏