Restaking
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The first MegaDrop coin is BounceBit, and the concept of Restaking
*kindly note that this article is written in Arabic language، therefore the unrecognized or unfamiliar usage of English language، this is due to the Auto translation feature from the platform.
The first megadrop coin is BonusBit
Today is the first day, April 26, 2024, for the first coin to appear on the MegaDrop platform. As we explained before, MegaDrop is a new platform from#Binancefor digital currency distributions. You can read my previous article about it.
2024, people asked me, Which crypto did you buy?
Nah, I have plenty of points in my pants from a lot of projects.
#Blast #Sol #Restaking #L2s #TrendingTopic
Nah, I have plenty of points in my pants from a lot of projects.
#Blast #Sol #Restaking #L2s #TrendingTopic
#Write2earn #Jito Surpasses $1.3 Billion Milestone: Exploring #Restaking Protocols on #Solana #RestakingSolana
$JTO $SOL
Jito, a liquid staking pool operating on the Solana blockchain, has recently achieved a significant milestone by surpassing a total value locked (TVL) of 10 million Solana (SOL). At Solana's current price of $132.11, this amounts to a remarkable $1.32 billion.
This achievement not only solidifies Jito's presence within the Solana ecosystem but also reflects a growing interest in the platform.
Jito's foray into Restaking Protocols
While Jito had previously reached a higher TVL in fiat, approximately $1.86 billion, on April 1, it's important to note that these figures are subject to the volatile nature of cryptocurrency values.
If Solana were to revisit its peak price of $208 earlier this year, Jito's TVL could potentially surge to around $2.08 billion, setting a new record for the platform.
Amidst this financial growth, there's speculation within the crypto community that Jito is exploring a new avenue—restaking protocols. Sources close to the project suggest that Jito is actively working towards enhancing Solana's capabilities by integrating restaking services. However, these reports have not been officially confirmed by Jito's team.
Restaking has emerged as a significant trend in the decentralized finance (DeFi) space. According to CoinGecko data, the "Restaking" category boasts a cumulative market capitalization of $8.64 billion as of the latest update.
EigenLayer, a project that popularized this trend, currently holds a TVL of $14.65 billion as of May 2, based on DefiLlama data.
Given the potential of restaking, it's plausible that Solana's developers are considering introducing this feature to their network. Picasso is currently the existing restaking protocol in Solana, allowing the staking of SOL and various receipt tokens from SOL staking platforms.
$JTO $SOL
Jito, a liquid staking pool operating on the Solana blockchain, has recently achieved a significant milestone by surpassing a total value locked (TVL) of 10 million Solana (SOL). At Solana's current price of $132.11, this amounts to a remarkable $1.32 billion.
This achievement not only solidifies Jito's presence within the Solana ecosystem but also reflects a growing interest in the platform.
Jito's foray into Restaking Protocols
While Jito had previously reached a higher TVL in fiat, approximately $1.86 billion, on April 1, it's important to note that these figures are subject to the volatile nature of cryptocurrency values.
If Solana were to revisit its peak price of $208 earlier this year, Jito's TVL could potentially surge to around $2.08 billion, setting a new record for the platform.
Amidst this financial growth, there's speculation within the crypto community that Jito is exploring a new avenue—restaking protocols. Sources close to the project suggest that Jito is actively working towards enhancing Solana's capabilities by integrating restaking services. However, these reports have not been officially confirmed by Jito's team.
Restaking has emerged as a significant trend in the decentralized finance (DeFi) space. According to CoinGecko data, the "Restaking" category boasts a cumulative market capitalization of $8.64 billion as of the latest update.
EigenLayer, a project that popularized this trend, currently holds a TVL of $14.65 billion as of May 2, based on DefiLlama data.
Given the potential of restaking, it's plausible that Solana's developers are considering introducing this feature to their network. Picasso is currently the existing restaking protocol in Solana, allowing the staking of SOL and various receipt tokens from SOL staking platforms.
#Write2earn #Renzo 's $REZ Token #Airdrop : Unveiling a Liquid #Restaking Protocol
Renzo, a liquid restaking protocol, has initiated airdrop claims for its native token (REZ), marking its debut with a $289 million market cap as reported by CoinMarketCap.
The initial circulating supply of REZ amounts to 1.15 billion tokens, while the remaining 8.85 billion tokens are held in lockup until specific conditions are met. Allocation breakdown includes 31% for investors, 32% for the community, and 20% for core contributors, subject to a 1-year lockup and 2-year vesting period.
Functioning as a gateway to EigenLayer by securing Actively Validated Services (AVS), Renzo allows users staking ether (ETH) to earn yields and receive ezETH, the platform's liquid restaking token. This token can be utilized to generate enhanced yields across various decentralized finance (DeFi) protocols.
Users accumulating over 500,000 ezPoints through staking on Renzo since its January launch face a 50% lockup over a three-month vesting period.
Despite Renzo's tweet stating that REZ wasn't tradable on any decentralized exchange, Dextools data revealed that the official token contract on Renzo’s website amassed $75 million in trading volume an hour after claims went live.
Renzo, a liquid restaking protocol, has initiated airdrop claims for its native token (REZ), marking its debut with a $289 million market cap as reported by CoinMarketCap.
The initial circulating supply of REZ amounts to 1.15 billion tokens, while the remaining 8.85 billion tokens are held in lockup until specific conditions are met. Allocation breakdown includes 31% for investors, 32% for the community, and 20% for core contributors, subject to a 1-year lockup and 2-year vesting period.
Functioning as a gateway to EigenLayer by securing Actively Validated Services (AVS), Renzo allows users staking ether (ETH) to earn yields and receive ezETH, the platform's liquid restaking token. This token can be utilized to generate enhanced yields across various decentralized finance (DeFi) protocols.
Users accumulating over 500,000 ezPoints through staking on Renzo since its January launch face a 50% lockup over a three-month vesting period.
Despite Renzo's tweet stating that REZ wasn't tradable on any decentralized exchange, Dextools data revealed that the official token contract on Renzo’s website amassed $75 million in trading volume an hour after claims went live.
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Last call for $ALT ! 📢
The team postponed the lock openings for 6 months. So what does this mean?
🔹 There will be no sales pressure. The project is already a magnificent #Restaking project.
✨ We may see the new ATH level by the end of the year. I've been adding constantly so far.
You will be $1! 🚀
The team postponed the lock openings for 6 months. So what does this mean?
🔹 There will be no sales pressure. The project is already a magnificent #Restaking project.
✨ We may see the new ATH level by the end of the year. I've been adding constantly so far.
You will be $1! 🚀
TOP 5 CRYPTO PROJECT TO WATCH IN MAY
#CryptoWatchMay2024
Market sentiment regarding the direction of $BTC remains way uncertain.
"Wait, #Halving was just weeks ago, why are you not bullish bro? "
Well, the monthly April closing on BTC did not look very promising... That is why it is important now to focus on projects with real potential returns in the upcoming months.
The real bullrun has not even begun yet and the potential for massive gains is definitely still there.
Buying alts now is not a mistake⏳
Just like in every cycle, money will shift from Bitcoin to low cap coins. Always keep in mind that understanding the money flow in crypto is key to anticipate altseason.
Preparation --> Reaction --> Goals 🎯
Get ready and prepare your bags, because when funds start pouring into #altcoins it could mark the beginning of the next altcoin season 🚀
Having in mind that, here is my TOP 5 project not to miss in MAY!
p.s. last one is a real gem still hidden to many 👀💎
1) $ARB
PROJECT: ETH Layer2 solution designed to improve speed and scalability on ETH network while enhancing privacy.
The project has not shown its full potential yet and the #RWA narrative might be the propeller (many RWA projects are building on ARB)
PA: Looking at the daily chart, we can observe that a top structure has formed. Now we are testing sub 1$ low levels.
Consider the good potential of the coin, I am expecting at least a short term retest of 0.382 Fibonacci level (+30%)
PRICE PREDICTION🔮: If the RWA trend continues to grow during the upcoming bull run, it is possible to get a price higher than $5
2) $W
PROJECT: Promising cross-chain infrastructure powering multichain applications with robust VC backing .
PA: The price has broken through the bottom structure. Now, there is a potential upside of +43% to be achieved before reaching the $1 target.
PRICE PREDICTION 🔮: With a strong altseason, a price range of $5-$7 is more than possible.
3) $TNSR
PROJECT: NFT trading platform on Solana characterized by advanced functionalities like TradingView integration, collection wide bids, and market making orders.
PA: Price is still floating around low levels, remember that it was listed just weeks ago. Getting back to the $1.30 range is key to maintain the bullish momentum going, which would mean at least a 45% increase in the short term.
PRICE PREDICTION🔮 : The NFT trend is still quiet, but eventually, interest will pick up again (maybe with the help of RWA integration?). It is realistic to expect $10-15 during a bull run.
4) $PENDLE
PROJECT: Pendle is a permissionless yield-trading protocol that enables users to implement a variety of yield-management strategies. With the introduction of a unique AMM supporting assets with time decay, Pendle empowers users with greater control over future yield, offering options and opportunities for its utilization. #Restaking narrative.
PA: The project saw a huge rise in the past few weeks. Now, it has pulled back to the $4.5 - $5 level testing the 0.618 by the books. I am still expecting a bigger pullback within the blue box, but for now, the price action seems to be showing signs of turning.
PRICE PREDICTION🔮: MCAP is already pretty high but if the restaking narrative will take off, expect something around 25$.
5) AITECH (Available on Pancake BSC)
PROJECT: AITECH serves as the core token powering the Solidus AI Tech ecosystem. It acts as a payment gateway for licensing Artificial Intelligence as a Service (AIaaS), Blockchain as a Service (BaaS), and accessing High-Performance Computing (HPC).
PA: Price had a good healthy pullback in recent weeks, and it seems like the bearish momentum is exhausting. AI is still a dominant trend and probability it might start climbing again soon are high.
PRICE PREDICTION🔮: The project is very low cap and the potential is really high in the next bullrun. Target 5 $
Let me know in the comments which project are you accumulating 👇
Market sentiment regarding the direction of $BTC remains way uncertain.
"Wait, #Halving was just weeks ago, why are you not bullish bro? "
Well, the monthly April closing on BTC did not look very promising... That is why it is important now to focus on projects with real potential returns in the upcoming months.
The real bullrun has not even begun yet and the potential for massive gains is definitely still there.
Buying alts now is not a mistake⏳
Just like in every cycle, money will shift from Bitcoin to low cap coins. Always keep in mind that understanding the money flow in crypto is key to anticipate altseason.
Preparation --> Reaction --> Goals 🎯
Get ready and prepare your bags, because when funds start pouring into #altcoins it could mark the beginning of the next altcoin season 🚀
Having in mind that, here is my TOP 5 project not to miss in MAY!
p.s. last one is a real gem still hidden to many 👀💎
1) $ARB
PROJECT: ETH Layer2 solution designed to improve speed and scalability on ETH network while enhancing privacy.
The project has not shown its full potential yet and the #RWA narrative might be the propeller (many RWA projects are building on ARB)
PA: Looking at the daily chart, we can observe that a top structure has formed. Now we are testing sub 1$ low levels.
Consider the good potential of the coin, I am expecting at least a short term retest of 0.382 Fibonacci level (+30%)
PRICE PREDICTION🔮: If the RWA trend continues to grow during the upcoming bull run, it is possible to get a price higher than $5
2) $W
PROJECT: Promising cross-chain infrastructure powering multichain applications with robust VC backing .
PA: The price has broken through the bottom structure. Now, there is a potential upside of +43% to be achieved before reaching the $1 target.
PRICE PREDICTION 🔮: With a strong altseason, a price range of $5-$7 is more than possible.
3) $TNSR
PROJECT: NFT trading platform on Solana characterized by advanced functionalities like TradingView integration, collection wide bids, and market making orders.
PA: Price is still floating around low levels, remember that it was listed just weeks ago. Getting back to the $1.30 range is key to maintain the bullish momentum going, which would mean at least a 45% increase in the short term.
PRICE PREDICTION🔮 : The NFT trend is still quiet, but eventually, interest will pick up again (maybe with the help of RWA integration?). It is realistic to expect $10-15 during a bull run.
4) $PENDLE
PROJECT: Pendle is a permissionless yield-trading protocol that enables users to implement a variety of yield-management strategies. With the introduction of a unique AMM supporting assets with time decay, Pendle empowers users with greater control over future yield, offering options and opportunities for its utilization. #Restaking narrative.
PA: The project saw a huge rise in the past few weeks. Now, it has pulled back to the $4.5 - $5 level testing the 0.618 by the books. I am still expecting a bigger pullback within the blue box, but for now, the price action seems to be showing signs of turning.
PRICE PREDICTION🔮: MCAP is already pretty high but if the restaking narrative will take off, expect something around 25$.
5) AITECH (Available on Pancake BSC)
PROJECT: AITECH serves as the core token powering the Solidus AI Tech ecosystem. It acts as a payment gateway for licensing Artificial Intelligence as a Service (AIaaS), Blockchain as a Service (BaaS), and accessing High-Performance Computing (HPC).
PA: Price had a good healthy pullback in recent weeks, and it seems like the bearish momentum is exhausting. AI is still a dominant trend and probability it might start climbing again soon are high.
PRICE PREDICTION🔮: The project is very low cap and the potential is really high in the next bullrun. Target 5 $
Let me know in the comments which project are you accumulating 👇
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A Brief Analysis of Lido, Paradigm and EigenLayer in the DeFi and Restaking Race
Secret Funding and New Competition
Founders of Lido and Paradigm: The co-founders of Lido, the largest liquid staking protocol on Ethereum, are secretly funding Symbiotic, an EigenLayer competitor. They support the project through their venture capital firm Cyber Fund and Paradigm, a cryptocurrency venture capital firm.
Symbiotic Project: The Symbiotic Project allows users to "reset" assets using Lido's ether (stETH) token and other ERC-20 assets. Symbiotic is developed by the team behind the Stakemind staking service and will operate as a permissionless "reset" protocol, providing a flexible mechanism for decentralized networks to coordinate node operators and economic security provider.
Founders of Lido and Paradigm: The co-founders of Lido, the largest liquid staking protocol on Ethereum, are secretly funding Symbiotic, an EigenLayer competitor. They support the project through their venture capital firm Cyber Fund and Paradigm, a cryptocurrency venture capital firm.
Symbiotic Project: The Symbiotic Project allows users to "reset" assets using Lido's ether (stETH) token and other ERC-20 assets. Symbiotic is developed by the team behind the Stakemind staking service and will operate as a permissionless "reset" protocol, providing a flexible mechanism for decentralized networks to coordinate node operators and economic security provider.
See original
Bouncebit ($BB) listed on Binance, a little analysis about this product.
- The first project Megadrop, a new feature replacing Launchpad on Binance. Whale Lock BNB to play this game quite a lot.
- Airdrop is quite fair divided by Tier, does not give Whale the opportunity to acquire tokens, most small brothers farm well.
- Binance Labs invested in a private round, not disclosing the amount, but receiving full support from Binance is probably quite a lot.
- Restaking BTC, lead in this segment, you can compare it with a Lead Restaking ETH, ETHERFI, REZ and you can compare FDV. Regarding BTC, it is definitely much bigger than ETH.
==> My view is that this one will definitely be promoted for marketing both for the Megadrop feature, for Restaking BTC and the project to attract whales to play as big as possible. Projects and investors benefit.
When can I buy it?
Airdrop release power is shallow, you can scalp during the list day but buy when there is a release and then catch, in the long term you will definitely be pumped, above 10B$ for FDV this one is there, no bullish.
$BB #BounceBit #Restaking
- The first project Megadrop, a new feature replacing Launchpad on Binance. Whale Lock BNB to play this game quite a lot.
- Airdrop is quite fair divided by Tier, does not give Whale the opportunity to acquire tokens, most small brothers farm well.
- Binance Labs invested in a private round, not disclosing the amount, but receiving full support from Binance is probably quite a lot.
- Restaking BTC, lead in this segment, you can compare it with a Lead Restaking ETH, ETHERFI, REZ and you can compare FDV. Regarding BTC, it is definitely much bigger than ETH.
==> My view is that this one will definitely be promoted for marketing both for the Megadrop feature, for Restaking BTC and the project to attract whales to play as big as possible. Projects and investors benefit.
When can I buy it?
Airdrop release power is shallow, you can scalp during the list day but buy when there is a release and then catch, in the long term you will definitely be pumped, above 10B$ for FDV this one is there, no bullish.
$BB #BounceBit #Restaking
The DeFi landscape is shifting!
$Lido Finance's new DeFi Strategies program is a direct challenge to EigenLayer's dominance in the Restaking space. With Symbiotic and Mellow Finance on board, this collaboration could be a powerful force.
The market is already responding, with Smart Dex Traders and Whales showing strong support for $LDO .
Could this be the start of a new era in DeFi and Restaking?
Stay tuned for more developments!
#LidoFinance #DeFi #Restaking
$Lido Finance's new DeFi Strategies program is a direct challenge to EigenLayer's dominance in the Restaking space. With Symbiotic and Mellow Finance on board, this collaboration could be a powerful force.
The market is already responding, with Smart Dex Traders and Whales showing strong support for $LDO .
Could this be the start of a new era in DeFi and Restaking?
Stay tuned for more developments!
#LidoFinance #DeFi #Restaking
🔥Exciting News🔥 #BakerySwap is launching a #Staking / #Restaking Program to empower $BAKE and tokens from partner projects‼️
iCryptoNEWS on May 15: #Memecoins trend, #socialfi setting up and #Restaking | Powered by iCrypto.ai
🔸$ZKS - Lens Protocol launches Lens Network, a SocialFi network based on zkSync technology
🔸$MKR - MakerDAO announced the upcoming launch of Spark, the first SubDAO, as part of their Endgame roadmap.
🔸$ETH - @VitalikButerin proposes Ethereum gas model overhaul
🔸$Z - Solana DEX Zeta Markets raises $5 million in token round. $SOL
🔸$EVMOS - Ripple cooperates with Evmos to develop the XRP Ledger EVM sidechain using evmOS technology. $XRP
🔸$PUFF -Puffer Finance Chapter 4 will be released soon, offering earnings for pufETH holders and partnering with Trust Wallet, Scroll, etc.
🔸$GME -The stocks related to GameStop on the blockchain are all taking off, with tokens like $KITTY, $GME, and $AMC experiencing amazing increases.
🔸$APT - Aptos Monkeys launches a one-million-NFT minting campaign.
🔸Polymarket raises $45 million from Peter Thiel’s Founders Fund, Vitalik Buterin and others
#iCrypto
#newsdaily
🔸$ZKS - Lens Protocol launches Lens Network, a SocialFi network based on zkSync technology
🔸$MKR - MakerDAO announced the upcoming launch of Spark, the first SubDAO, as part of their Endgame roadmap.
🔸$ETH - @VitalikButerin proposes Ethereum gas model overhaul
🔸$Z - Solana DEX Zeta Markets raises $5 million in token round. $SOL
🔸$EVMOS - Ripple cooperates with Evmos to develop the XRP Ledger EVM sidechain using evmOS technology. $XRP
🔸$PUFF -Puffer Finance Chapter 4 will be released soon, offering earnings for pufETH holders and partnering with Trust Wallet, Scroll, etc.
🔸$GME -The stocks related to GameStop on the blockchain are all taking off, with tokens like $KITTY, $GME, and $AMC experiencing amazing increases.
🔸$APT - Aptos Monkeys launches a one-million-NFT minting campaign.
🔸Polymarket raises $45 million from Peter Thiel’s Founders Fund, Vitalik Buterin and others
#iCrypto
#newsdaily
Despite the red market, we are curious about which trends you guys are looking forward to making a comeback? 😁
- #Layer2 - Tier 1 fund "a16z" just bought $OP.
- #RWA - BlackRock and Circle recently invested $47M in a project tokenizing RWA at @Securitize. $ONDO
- #Meme - The timing is crucial, $PEPE $SLERF
- #AI - ChatGPT-5 will be launched in the summer of 2024. $TAO $FET
- #Restaking - EigenLayer is about to release their token, $ENA $ETHFI
- #GameFi - Buzzing from @Ronin_Network. $PIXEL
- #Interoperability - @LayerZero_Labs just took a snapshot. $ZK $W
What trend do you think should reemerge soon? 😆
- #Layer2 - Tier 1 fund "a16z" just bought $OP.
- #RWA - BlackRock and Circle recently invested $47M in a project tokenizing RWA at @Securitize. $ONDO
- #Meme - The timing is crucial, $PEPE $SLERF
- #AI - ChatGPT-5 will be launched in the summer of 2024. $TAO $FET
- #Restaking - EigenLayer is about to release their token, $ENA $ETHFI
- #GameFi - Buzzing from @Ronin_Network. $PIXEL
- #Interoperability - @LayerZero_Labs just took a snapshot. $ZK $W
What trend do you think should reemerge soon? 😆
Unlocking the Future of Finance: The Rise of Restaking in the Crypto Realm
Estimated reading time: 8 minutes ⏳
#Write2Earn #TrendingTopic #Restaking #LiquidStaking #EigenLayer
In the vast, ever-evolving expanse of the cryptocurrency universe, a new star is rising on the horizon—Restaking. We embark on a journey to unravel the mysteries of this innovative practice, spotlighting pioneers like EigenLayer and Puffer, and the awaited advent on the BNB chain. Join me as we delve into the essence of restaking and its transformative potential for digital assets.
The Tale of Restaking: A New Era Begins:
Once upon a time, in the realm of cryptocurrency, assets were bound by the chains of traditional staking, locked away to secure networks and validate transactions. But as the industry matured, a new concept emerged from the depths of innovation—Liquid Staking, offering liquidity and flexibility previously unimagined.
Yet, the quest for efficiency and yield did not end there. Enter Restaking—a visionary leap forward, allowing already staked assets to embark on further adventures, multiplying their utility and rewards. Platforms like EigenLayer and Puffer became the heralds of this new dawn, weaving their magic to unlock the full potential of staked assets.
Journey Through Restaking: How It Works:
Imagine staking your valiant Ethereum knights in the battle to secure the Ethereum network. In return, you receive a token, a liquid avatar of your knights, which you can then restake in the grand citadel of EigenLayer. This process, akin to summoning your knights to guard multiple realms, amplifies your influence and rewards across the cryptoverse.
The Saga of EigenLayer and Puffer: Pioneers of the Restaking Quest:
EigenLayer's spell removed the staking cap, ushering in an era of boundless possibilities, while Puffer's forthcoming venture onto the BNB chain whispers tales of untold opportunities. Together, they pave the path for restakers, promising a future where the utility of digital assets knows no bounds.
Foreseeing the Adoption of Restaking:
As the cryptocurrency landscape unfurls, restaking stands at the cusp of widespread adoption. The quest for yield, the allure of network security, and the innovation driving blockchain scalability beckon the industry towards a restaking revolution. The BNB chain's embrace of restaking heralds a new chapter, where the fusion of innovation and scalability will reshape our digital destinies.
In the grand tapestry of cryptocurrency, restaking emerges as a beacon of progress, heralding a future where the utility, security, and yield of digital assets are magnified. As we stand on the brink of this new era, it is our curiosity, caution, and willingness to explore that will illuminate the path ahead. Let this tale of restaking inspire you to venture forth with wisdom and courage, for the future of finance is ours to shape.
🔮✨ Journey into the mystical lands of cryptocurrency with me. Take heed, for the visions and tales shared are for enlightenment, not guidance. The path of investment is fraught with shadows and light; thus, arm yourself with knowledge and consult your guiding spirits (financial advisors) before embarking on quests for treasure. 🌌🔮
#Write2Earn #TrendingTopic #Restaking #LiquidStaking #EigenLayer
In the vast, ever-evolving expanse of the cryptocurrency universe, a new star is rising on the horizon—Restaking. We embark on a journey to unravel the mysteries of this innovative practice, spotlighting pioneers like EigenLayer and Puffer, and the awaited advent on the BNB chain. Join me as we delve into the essence of restaking and its transformative potential for digital assets.
The Tale of Restaking: A New Era Begins:
Once upon a time, in the realm of cryptocurrency, assets were bound by the chains of traditional staking, locked away to secure networks and validate transactions. But as the industry matured, a new concept emerged from the depths of innovation—Liquid Staking, offering liquidity and flexibility previously unimagined.
Yet, the quest for efficiency and yield did not end there. Enter Restaking—a visionary leap forward, allowing already staked assets to embark on further adventures, multiplying their utility and rewards. Platforms like EigenLayer and Puffer became the heralds of this new dawn, weaving their magic to unlock the full potential of staked assets.
Journey Through Restaking: How It Works:
Imagine staking your valiant Ethereum knights in the battle to secure the Ethereum network. In return, you receive a token, a liquid avatar of your knights, which you can then restake in the grand citadel of EigenLayer. This process, akin to summoning your knights to guard multiple realms, amplifies your influence and rewards across the cryptoverse.
The Saga of EigenLayer and Puffer: Pioneers of the Restaking Quest:
EigenLayer's spell removed the staking cap, ushering in an era of boundless possibilities, while Puffer's forthcoming venture onto the BNB chain whispers tales of untold opportunities. Together, they pave the path for restakers, promising a future where the utility of digital assets knows no bounds.
Foreseeing the Adoption of Restaking:
As the cryptocurrency landscape unfurls, restaking stands at the cusp of widespread adoption. The quest for yield, the allure of network security, and the innovation driving blockchain scalability beckon the industry towards a restaking revolution. The BNB chain's embrace of restaking heralds a new chapter, where the fusion of innovation and scalability will reshape our digital destinies.
In the grand tapestry of cryptocurrency, restaking emerges as a beacon of progress, heralding a future where the utility, security, and yield of digital assets are magnified. As we stand on the brink of this new era, it is our curiosity, caution, and willingness to explore that will illuminate the path ahead. Let this tale of restaking inspire you to venture forth with wisdom and courage, for the future of finance is ours to shape.
🔮✨ Journey into the mystical lands of cryptocurrency with me. Take heed, for the visions and tales shared are for enlightenment, not guidance. The path of investment is fraught with shadows and light; thus, arm yourself with knowledge and consult your guiding spirits (financial advisors) before embarking on quests for treasure. 🌌🔮
See original
#Eigenlayer TVL billion exceeded 10 billion dollars. #Restaking projects will attract a lot of attention in the future.
EigenLayer is a decentralized protocol built on Ethereum that enables "restaking," where users can repurpose their staked Ethereum (ETH) for securing additional decentralized services. In essence, EigenLayer allows Ethereum validators and stakers to extend their economic security beyond Ethereum by staking their assets to secure other protocols. This enhances the overall security and decentralization of these additional services while allowing stakers to earn extra rewards.
The core idea behind EigenLayer is to leverage Ethereum’s existing staking system to support and scale other services in the blockchain ecosystem, such as oracles, bridges, and other Layer-2 protocols. Validators or ETH stakers can opt into EigenLayer's restaking system, agreeing to extend their staked assets as security for multiple protocols. This concept helps bootstrap the security of new decentralized services without needing them to build their own separate validator network.
EigenLayer is seen as a potential game-changer in improving the composability and scalability of blockchain infrastructure while allowing stakers to gain more utility from their locked assets.
Here are five trending hashtags related to EigenLayer:
#EigenLayer $BTC $BNB
#Restaking
#EthereumSecurity
#DecentralizedInfrastructure
#BlockchainInnovation
The core idea behind EigenLayer is to leverage Ethereum’s existing staking system to support and scale other services in the blockchain ecosystem, such as oracles, bridges, and other Layer-2 protocols. Validators or ETH stakers can opt into EigenLayer's restaking system, agreeing to extend their staked assets as security for multiple protocols. This concept helps bootstrap the security of new decentralized services without needing them to build their own separate validator network.
EigenLayer is seen as a potential game-changer in improving the composability and scalability of blockchain infrastructure while allowing stakers to gain more utility from their locked assets.
Here are five trending hashtags related to EigenLayer:
#EigenLayer $BTC $BNB
#Restaking
#EthereumSecurity
#DecentralizedInfrastructure
#BlockchainInnovation
See original
Last call for $ALT ! 📢
The team postponed the lock openings for 6 months. What does it mean?
🔹 There will be no sales pressure: Our project is already a great #Restaking project. This postponement will eliminate the selling pressure in the market and increase price stability. In this way, ALT investors can increase their earnings more easily.
🔹 New ATH is inevitable: We will definitely see the new ATH level by the end of the year! $ALT has had tremendous performance so far and continues to get stronger. It attracts more investors every day and the potential of our project becomes more evident than ever.
🔹 Confidence in the future: I have constantly made additions so far and my self-confidence has increased with each investment. The future of $ALT is bright, and everyone who joins us on this journey will reap huge rewards. The team constantly supports the development of the project, which increases investors' confidence.
🔹 We will exceed $1: You will be $1, I believe it with all my heart! 🚀 This is just the beginning; The true potential of $ALT has not yet been fully realized. We will see much higher levels in the future, and those who are with us on this journey will reap great gains.
🔹 Community support: $ALT The community is the greatest strength of our project. We grow together, we win together. With the support of each of our investors, $ALT will have its name written in golden letters in the crypto world.
Now is the time to take action! Witness the rise of $ALT T and don't miss this amazing opportunity! 🚀💸
#Crypto #Investing #Restaking #ATH
The team postponed the lock openings for 6 months. What does it mean?
🔹 There will be no sales pressure: Our project is already a great #Restaking project. This postponement will eliminate the selling pressure in the market and increase price stability. In this way, ALT investors can increase their earnings more easily.
🔹 New ATH is inevitable: We will definitely see the new ATH level by the end of the year! $ALT has had tremendous performance so far and continues to get stronger. It attracts more investors every day and the potential of our project becomes more evident than ever.
🔹 Confidence in the future: I have constantly made additions so far and my self-confidence has increased with each investment. The future of $ALT is bright, and everyone who joins us on this journey will reap huge rewards. The team constantly supports the development of the project, which increases investors' confidence.
🔹 We will exceed $1: You will be $1, I believe it with all my heart! 🚀 This is just the beginning; The true potential of $ALT has not yet been fully realized. We will see much higher levels in the future, and those who are with us on this journey will reap great gains.
🔹 Community support: $ALT The community is the greatest strength of our project. We grow together, we win together. With the support of each of our investors, $ALT will have its name written in golden letters in the crypto world.
Now is the time to take action! Witness the rise of $ALT T and don't miss this amazing opportunity! 🚀💸
#Crypto #Investing #Restaking #ATH
🚀 Boosting Ethereum's Power: EigenLayer & $EIGEN ! 🚀
EigenLayer lets you restake your existing staked ETH assets! Unlock efficient capital use, additional security, and rewards – all on this innovative platform! 🌐💎
Key Features:
🔹 Make the most of your staked assets
🔹 Have a say in governance
🔹 Contribute to the Ethereum ecosystem’s security
📉 Warning: Remember, crypto investments can be volatile and come with market risks! EIGEN’s value may fluctuate significantly; always research before investing and only invest what you can afford to lose! 📉
Like and follow to discover more! Don’t forget to drop a comment – what are your thoughts on EigenLayer's future potential?
💬 #EigenLayer #EIGENToken #Restaking
$ETH $EIGEN
EigenLayer lets you restake your existing staked ETH assets! Unlock efficient capital use, additional security, and rewards – all on this innovative platform! 🌐💎
Key Features:
🔹 Make the most of your staked assets
🔹 Have a say in governance
🔹 Contribute to the Ethereum ecosystem’s security
📉 Warning: Remember, crypto investments can be volatile and come with market risks! EIGEN’s value may fluctuate significantly; always research before investing and only invest what you can afford to lose! 📉
Like and follow to discover more! Don’t forget to drop a comment – what are your thoughts on EigenLayer's future potential?
💬 #EigenLayer #EIGENToken #Restaking
$ETH $EIGEN
🔥 #MUBI is in a 7-day Accumulation Zone & Current Price is close to the Entry price of the Smart DEX Traders
In past 2 weeks, $MUBI has been fluctuating ~$0.83 range. Smart DEX Traders have shown more buying power than selling. The total accumulation over the past 2 weeks is 8.83M $MUBI ~ $732K.
📌 Wallet 0x8d5c with a 61.9% win rate, has previously traded with a 613.42% profit on $GFI and 455% on $FET: He has bought $25K of $MUBI 4 days ago at a price of 0.08018, close to the current price.
Additional information: $MUBI is the main bridge of the $BB CeDeFi #Restaking on BRC20. The price of $BB has doubled since its listing at the beginning of May. $MUBI is now in the middle of the connection between $ENA and $BB .
——-
How is your portfolio when market's full of FUD of MT Gox, guys? 🥹
#iCrypto $NOT
In past 2 weeks, $MUBI has been fluctuating ~$0.83 range. Smart DEX Traders have shown more buying power than selling. The total accumulation over the past 2 weeks is 8.83M $MUBI ~ $732K.
📌 Wallet 0x8d5c with a 61.9% win rate, has previously traded with a 613.42% profit on $GFI and 455% on $FET: He has bought $25K of $MUBI 4 days ago at a price of 0.08018, close to the current price.
Additional information: $MUBI is the main bridge of the $BB CeDeFi #Restaking on BRC20. The price of $BB has doubled since its listing at the beginning of May. $MUBI is now in the middle of the connection between $ENA and $BB .
——-
How is your portfolio when market's full of FUD of MT Gox, guys? 🥹
#iCrypto $NOT
#write2earn Unlocking Rewards: Introducing #Zircuit #stakingbnb for Secure Asset Growth #Liquidstaking #Restaking
Zircuit, a security-focused zero-knowledge rollup with roots in pioneering L2 research, has introduced Zircuit Staking, an innovative initiative enabling users to stake ETH, liquid staking tokens (LSTs), and liquid restaking tokens (LRTs) to earn Zircuit Points. Since its launch, Zircuit Staking has swiftly amassed over $129 million on the Ethereum mainnet, with continuous growth anticipated.
The Zircuit community has rapidly expanded, boasting an impressive following of over 112K Twitter followers and 125K Discord members in just four months. This burgeoning community support has translated into early success for Zircuit's staking program, positioning it to surpass industry benchmarks in both community engagement and Total Value Locked (TVL). For instance, compared to Starkware's growth since 2018, Zircuit has achieved remarkable traction in a shorter timeframe.
Capitalizing on the momentum of EigenLayer, Zircuit taps into the growing interest surrounding restaking protocols. Within less than 24 hours of launch, the program has already attracted over $129 million in TVL, indicative of strong interest and confidence in the project's potential.
Through the staking program, users can earn Zircuit points in addition to existing staking yields. Opting to migrate assets to the Zircuit Mainnet upon its launch yields the highest rewards. Importantly, users retain flexibility, with the ability to withdraw assets at any time while retaining earned points and yields. Notably, Zircuit's supported integrations currently include Lido Finance, Renzo Protocol, Swell Network, Kelp DAO, and Liquid Collective, with plans for further expansion in the coming weeks.
Zircuit, a security-focused zero-knowledge rollup with roots in pioneering L2 research, has introduced Zircuit Staking, an innovative initiative enabling users to stake ETH, liquid staking tokens (LSTs), and liquid restaking tokens (LRTs) to earn Zircuit Points. Since its launch, Zircuit Staking has swiftly amassed over $129 million on the Ethereum mainnet, with continuous growth anticipated.
The Zircuit community has rapidly expanded, boasting an impressive following of over 112K Twitter followers and 125K Discord members in just four months. This burgeoning community support has translated into early success for Zircuit's staking program, positioning it to surpass industry benchmarks in both community engagement and Total Value Locked (TVL). For instance, compared to Starkware's growth since 2018, Zircuit has achieved remarkable traction in a shorter timeframe.
Capitalizing on the momentum of EigenLayer, Zircuit taps into the growing interest surrounding restaking protocols. Within less than 24 hours of launch, the program has already attracted over $129 million in TVL, indicative of strong interest and confidence in the project's potential.
Through the staking program, users can earn Zircuit points in addition to existing staking yields. Opting to migrate assets to the Zircuit Mainnet upon its launch yields the highest rewards. Importantly, users retain flexibility, with the ability to withdraw assets at any time while retaining earned points and yields. Notably, Zircuit's supported integrations currently include Lido Finance, Renzo Protocol, Swell Network, Kelp DAO, and Liquid Collective, with plans for further expansion in the coming weeks.