Ethereum

Cardano

2024

Restake Finance

<div class="wp-block-yoast-seo-table-of-contents yoast-table-of-contents">
 <h2 id="table-of-contents">Table of contents</h2>
 <ul>
  <li><a href="#h-what-is-staking" data-level="2">What is Staking?</a></li>
  <li><a href="#h-the-concept-of-restaking" data-level="2">The Concept of Restaking</a></li>
  <li><a href="#h-eigenlayer" data-level="2">EigenLayer</a></li>
  <li><a href="#h-native-restaking" data-level="2">Native Restaking</a></li>
  <li><a href="#h-liquid-restaking" data-level="2">Liquid Restaking</a></li>
  <li><a href="#h-how-does-liquid-restaking-function" data-level="2">How Does Liquid Restaking Function?</a></li>
  <li><a href="#h-top-liquid-restaked-protocols" data-level="2">Top Liquid Restaked Protocols</a>
   <ul>
    <li><a href="#h-1-kelp-dao" data-level="3">1. Kelp DAO</a></li>
    <li><a href="#h-2-renzo-protocol" data-level="3">2. Renzo Protocol</a></li>
    <li><a href="#h-3-restake-finance" data-level="3">3. Restake Finance</a></li>
    <li><a href="#h-4-etherfi" data-level="3">4. etherFi</a></li>
    <li><a href="#h-5-puffer-finance" data-level="3">5. Puffer Finance</a></li>
   </ul></li>
  <li><a href="#h-limitations-and-challenges-of-liquid-restaking-protocols" data-level="2">Limitations and Challenges of Liquid Restaking Protocols</a></li>
  <li><a href="#h-conclusion" data-level="2">Conclusion</a></li>
 </ul>
</div> 
<h2 class="wp-block-heading" id="h-what-is-staking"><strong>What is Staking?</strong></h2> 
<p>Staking is a<a href="https://academy.binance.com/en/articles/what-is-staking" target="_blank" rel="nofollow"> process</a> that allows users to lock their crypto holdings, or in other words, their “stake,” to ensure the safety and operation of a blockchain ecosystem. While staking is possible only on blockchain networks such as Ethereum and Cardano built on a Proof-of-Stake (PoS) consensus mechanism, it helps to validate transactions.</p> 
<h2 class="wp-block-heading" id="h-the-concept-of-restaking"><strong>The Concept of Restaking</strong></h2> 
<p>Restaking is a novel concept that allows staking the same ETH across Ethereum and other blockchain networks. It involves reusing staked or locked Ether at the consensus layer to earn fees and rewards.</p> 
<h2 class="wp-block-heading" id="h-eigenlayer"><strong>EigenLayer&nbsp;</strong></h2> 
<p><a href="https://www.blog.eigenlayer.xyz/introducing-new-lsts-and-unpausing-restaking-caps/" target="_blank" rel="nofollow">EigenLayer</a> is a decentralized Ethereum restaking protocol that acts as the software between an operating system and its applications. The<a href="https://coinedition.com/eigenlayer-founder-talks-ethereum-consensus-overload-on-the-chopping-block/"> protocol</a> has adopted restaking as its fundamental element, permitting users to stake and restake liquid staking tokens (LST) within the…</p>
<p>The post <a href="https://coinedition.com/liquid-restaking-protocols-the-top-5-lrt-tokens-to-watch-in-2024/">Liquid Restaking Protocols: The Top 5 LRT Tokens To Watch in 2024</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Liquid Restaking Protocols: The Top 5 LRT Tokens To Watch in 2024

Table of Contents

Coin Edition

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