🚀 YieldNest launches new token ynLSDe to increase restaking returns on EigenLayer! 🌐
- ynLSDe helps ETH holders from Lido, FRAX, Origin, Mantle earn more returns through restaking.
- Restaking: Use staked ETH to secure multiple protocols, increasing rewards.
- EigenLayer reaches $12B TVL by 2023, according to DefiLlama.
- Other restaking protocols such as Ether.fi, Puffer Finance have $11B TVL.
ynLSDe is a liquidity token, representing restaken ETH, helping to maintain liquidity and participate in other DeFi. But be careful, restaking also has risks!
What do you think about restaking? Comment now! 💬#Crypto#DeFi#Blockchain#ETH