What is Restaking? Advantages, disadvantages and outstanding projects

Restaking allows users using LST to stake validators and perform the validation process on the blockchain.

Liquid staking token (LST) allows users to trade, convert and use assets to stake, bringing high profits.

LST classification

Rebasable token (rebase token)

Reward-bearing token (non-rebase token)

Dual-token

Outstanding staking projects

❗EigenLayer

EigenLayer turns staked ETH into commodities and leases them to other protocols for security. Stakers deposit native Ethereum or LST tokens to EigenLayer and earn attractive rewards.

❗Puffer Finance

Puffer Finance is a decentralized, permissionless native liquid staking protocol that uses secure sign technology to help protect validators' private keys.

❗Rio Network

Rio Network is a network that issues Liquid Restaking Tokens (LRTs), aiming to expand the restaking ecosystem at low costs.

❗Swell Network

Swell Network is a decentralized liquid staking platform where investors stake ETH and receive LST swETH.

❗Ether.Fi

The project provides a mechanism to stake ETH in exchange for LST eETH, fueling DeFi and Ethereum decentralization.

❗Renzo Protocol

Renzo is EigenLayer's LRT and strategy manager, offering higher yields than regular ETH staking.

❗Kelp DAO

Kelp DAO builds an LRT solution for public blockchain networks and is developing an "rsETH" solution on the EigenLayer platform for Ethereum.

❗Astrid Finance

Astrid Finance is a liquid staking pool on Ethereum operated on EigenLayer.

❗Genesis

The platform allows investors to customize their staking experience by choosing operators, validators, and AVSs.

❗Inception

Inception or InceptionLRT is a liquid staking protocol for LST, allowing staking of many types of LST, currently focusing on stETH and rETH.

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