Liquid restaking involves securing additional yield, or rewards, on natively staked ether. Ether.fi currently offers 3.92% and loyalty points across EigenLayer. The points will eventually be convertible to token airdrops. The liquid restaking market has soared since December, with EigenLayer’s total value locked (TVL) rising to $10 billion from $250 million, data from DefiLlama shows.
Related posts
-
Consensys Acquires Wallet Guard to Enhance Metamask Security
Consensys has announced its acquisition of Wallet Guard, a... -
Ethereum Builder Consensys Buys Wallet Guard to Strengthen MetaMask Security
“MetaMask is unique among wallets in providing not only strong default security features, but also security-enhancing... -
Astar Network Emerges as Preferred Blockchain for Global Enterprises
Astar Network has solidified its position as a leading blockchain platform...