jakiro
Source: DODO Research
The long -awaited Ethereum ecology is finally about to usher in a new wave of narrative. In addition to the Dencun Upgrade, which favors many L2, the trend of pledge has become Eigenlayer’s opening up at the end of last year.The focus of the ecology of the Fang, Eigenlayer has absorbed more than 500,000 $ 500,000 in just one month.The AVS -EIGENDA of the service is also about to be launched. The narrative of DA services has also followed Celestia’s token $ TIA to become a topic of market attention.Liquid restAKing DEFI (LRD)/ liquid RESTAKING token (LRT) liquidity re -pledge serviceAs the name suggests, LRD projects are to release LST (STETH, SWETH, ETHX) liquidity in Eigenlayer, and help users release liquidity by issuing mortgage vouchers (LRT) to form a new round of tokens.
Today, Dr. Dodo will take you to understand which items in liquid restAKING are worthy of your participation. This article will focus on the four projects that have been launched but not issued by the product.
What is restAKing?
As early as half a year ago, Dr. Dodo introduced to you the concepts of Eigenlayer and its RestAKing. In short, it is a layer of income for Ethereum pledged in POS.
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Lsd restaking:LST (STETH, SWETH, etc.) obtained after saving you into the LSD protocol is stored in Eigenlayer and pledged.
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Liquid-lsd restaking:Through the LRD protocol, such as Kelpdao, the LST is entrusted to the LRD protocol instead of the protocol instead of the EIGENLAYER and then pledged, while the user gets the mortgage certificate to the token LIquid Restaking token (LRT).
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Native restaking:The native pledge refers to the pledker who operates nodes to provide ETH to EIGENLAYER to pledge.
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Liquid native restaking:Native flow refers to projects such as ETHERF.FI or Puffer Finance that provide small ETH node services, and provide ETH in the node to EIGENLAYER to pledge.
Kelpdao
KelpDao is the RESTAKING ecological project made by the LSD project Stader Lab. As mentioned above, it belongs to the LIquid-LSD RESTAKING type. The two LST tokens are currently open to STETH and Stader’s ETHX ETHX. HoweverThe limit has been paused so the deposit is currently suspended. In addition, the official also clearly stated that users who deposit in Kepldao will be able to get EIGENLAYER points awards.The current protocol TVL exceeds 160M is the highest project in the LRT field.
Renzo
Renzo is different from Kelpdao but belongs to the LIQUID Native Restaking product, which means that it is not limited by EIGENLAYER LST deposit limit.Can still deposit, But it is important to note that ETH, which is stored in Renzo, has not been opened for the time being, and the mortgage voucher EZETH cannot transfer to the lock in the short term. The same team as Kelpdao also said that users will get EIGENLAYER points. The current team background may orThe financing information has not been disclosed, and early projects need to pay attention to risks.
Swell
Swell Network is an old LSD protocol. This time, it also said that it will set foot in the field of Liquid Restaking. It is also a product that belongs to the LIquid Native Restaking. It will not be limited by the EIGENLAYER LST quota. Because the SWELL unburree has airdrop expectations, it is therefore expected.Its LST token SWETH has been favored by many air investment hunters, and is currently the second largest pledge asset in Eigenlayer.
ether.fi
Ether.Fi is the same as the above two items. It is also a product of LIquid Native Restaking. It has obtained a 5.3 million US dollar seed wheel financing invested by BitMex founder Arthur Hayes. Unlike lido, Ether.Fi uses a decentralizationThe method of non -custody to achieve ETH pledge and announced that the re -pledged service is provided. Because it is native ETH re -pledge, it can be deposited without being affected by the EIGENLAYER LST limit.) It is also one of the few LRT mortgage vouchers with liquidity.
Author
The author believes that after the official landing of 2024 Q1 in the Bitcoin spot ETF, the Ethereum ecology is expected to usher in the bounce, and the three major narratives will be the main theme of Ether Ecology.Second, the Eigenlayer introduced today is pledged by the ecology, and the third is the web3 application project (game, payment, etc.) for Mass Adoption. The liquid Restaking project introduced today is the most cost -effective way to participate in the EIGENLAYER again pledged the track.ETH must be stored in the relevant protocol to participate in one fish.
In addition to the four projects introduced above, there are many things that are being prepared. For example, Puffer Finance, which was previously introduced by Dr.DoDo, has also announced recently that it will participate in the pledge.Not much introduction, but everyone can always pay attention to other projects of this track and participate in controllable risks at all times and may be able to obtain profits when they may wait for the relevant agreement to issue coins.
