Earn MORE With Your Staked ETH!! Restaking EXPLAINED (Feat. EigenLayer)

ETH “restaking” and LRTs (Liquid Restaked Tokens) are one of the newest narratives to emerge. Learn what it is and how it works.

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Timestamps:
00:00 Intro
00:29 What is restaking?
01:31 Restaking on EigenLayer
03:04 EigenLayer’s pooled security
04:23 EigenLayer's test net phase
06:01 Other protocol
06:46 Outro

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#restaking #lrt #liquidrestaking #eigenlayer #pufferfinance #tenet #astridfinance #staking #ethereum #layer2 #bitcoin #bitcoinetf #etf #trading #decentralized #cryptocurrency #crypto #blockchain #coingecko

[CoinGecko]

What other liquid restaking platforms do you recommend?? 👇

[bazs]

Beat explanation I’ve found on YouTube-thank you!

[kaymadd]

Unless you're self hosting, staking is itself taking a gamble on the service provider. Restaking just sounds throwing darts in the dark. Remember when you stake or restake, you've essentially sold your crypto for the staking token on the basis that they give you more in return.

[salomeirene]

Great explanation as usual. Restaking is one of the major narratives for 2024. Recently, Persistence One also took an important step and announced that it will bring restaking to Cosmos.

[sahithyaaappu]

One can infinetly restake, sounds spooky

[deej]

Great video! Debating on going thru with this myself as I just heard of it. What happens if you sign up with the whole lockup restriction in regards to cashing in your stETH thru Lido?Thank you!

[djtall]

A new way to double spend. Thanks for the warning. 😅

[mytralala]

This is the worst idea ever. I'll be watching patiently as it implodes. It will be glorious.

[VuyelwaHams]

Hi I've invested but I'm lost totally because of some issues after putting 2k I needed to add money again then I stopped I'm not sure what to do now