Restaking ETH đ 27% APY | #Trend
Restaking project #EigenLayer reached $7bln TVL in a year đČ and 6th place in TVL volume among #DeFi categories according to Defilama.
#Restaking is a method of increasing đ 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 đ
â 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 đ° from 3 or more platforms.
Example usage đ
1ïžâŁ Stake $ETH in Lido (3.6%)
2ïžâŁ Restake $stETH in Kelp (3%)
3ïžâŁ Add liquidity $rsETH in Pendle (21%)
đ Total APY 27.6% đ€
đĄ Most protocols launched recently, so in addition to restaking revenue, users can get airdrop đ