Liquid Staking
Liquid staking allows users to unlock liquidity from their staked assets, a practice prevalent in PoS networks and DeFi ecosystems. By staking ETH in liquid staking dApps or obtaining Liquid Staking Tokens (LST), investors can leverage the assets for further investment opportunities, enhancing both asset utilization and potential returns in a streamlined manner.
Mind is an AI restaking solution that ensures the token economy and data security of decentralized AI networks through flexible restaking and fully homomorphic encryption for consensus security. While EigenLayer uses restaking to secure different AVSs within the Ethereum ecosystem, Mind Network uses restaking to secure the consensus of various AI networks across the entire crypto ecosystem.
In 2023, the LST track competition has entered a "white-hot" stage, and many established track projects have fallen into "centralization conflicts." Puffer Finance proposes the native liquidity staking protocol (nLRP) and deeply integrates it with EigenLayer to increase profitability and increase the willingness of small and medium-sized node operators to participate in verification. Recently, the Puffer Finance mainnet was launched, and TinTinLand wrote an article introducing its innovative concepts and technologies.
The more microservices provided by the restaking market, the better the user experience. Users no longer need to choose services from multiple independent providers; instead, they can purchase all the required services from one restaking market. This article organizes the dynamics of restaking and provides further informational content for readers.
Re-staking is emerging as a technology gaining attention inside and outside the industry, allowing ETH already staked on the Ethereum mainnet to be reused to support the security of other projects. This method enables users to earn returns from their original staking while also increasing potential rewards by supporting more projects. EigenLayer's staking mechanism is significantly different from the Ethereum mainnet's PoS staking. This article analyzes the EigenLayer staking mechanism, the possible rewards, and the potential risks.
pSTAKE is a liquid staking protocol designed for PoS technology, primarily to enhance the convenience and security of token staking. Users can earn staking rewards while participating in DeFi activities. The protocol is developed by the Persistence One team. Persistence is a Tendermint consensus-based L1 blockchain focused on unlocking the liquidity of staked assets. Recently, the team announced the expansion of liquid staking services on Solana and launched an incentive program, attracting significant funds and users.
This article will provide an in-depth analysis of the key role of fully homomorphic encryption (FHE) and zero-knowledge proof (ZKP) in improving the privacy of blockchain applications. It will also highlight the significance of the future development potential of these technologies in the realm of blockchain data privacy.
This article explores the potential impact of some innovative technologies on the performance of the TON network and how they might affect the TON staking reward system.
Unlike typical project introductions that provide brief token release diagrams, Eigenlayer has taken a deep dive into explaining the EIGEN token's role and its relationship with ETH tokens in a detailed and technical manner.
Puffer Finance is a native liquidity re-staking platform built on Eigenlayer. It accumulates PoS and re-staking rewards by introducing native liquidity re-staking tokens (nLRT). Puffer's core mission is to maintain the decentralization of Ethereum, while increasing capital efficiency and reducing risk. It utilizes security aggregator technology and Secure-Signer remote signing tools to enhance security and minimize potential violation risks. Puffer's liquidity staking protocol is designed to be decentralized, and does not rely on DAO voting to add new validators, promoting a more diverse validator set. Furthermore, Puffer is developing ZK-2FA technology to strengthen the security of ZK-rollups.
This article delves into the Restaking feature of the Ethereum-based EigenLayer protocol, which allows leveraging staked ETH to support other protocols, thereby increasing capital efficiency and expanding network functionality. However, this innovation brings about new security challenges, including reduced costs for malicious actors and increased demands for platform security.
According to data from DefiLlama, the current BTC yield farming market size exceeds US$10 billion. More and more participants are joining the BTC yield farming track. This article will review several well-known BTC staking protocols.
This article explains EigenLayer’s business logic and technical implementation most simply. It analyzes the impact of Restaking on the Ethereum ecosystem in both technical and economic aspects, as well as its significance for the entire Web3.
This article will delve into the evolution and current state of liquid staking on Solana, with a focus on how it is gradually moving away from traditional monopolistic models, showcasing different development trends.
Persistence One ($XPRT) stands out as one of the pioneering application chains in the Cosmos ecosystem with its early adoption of IBC, CosmWasm, and the Liquidity Staking Module (LSM). It has crafted a sophisticated framework for liquidity staking and re-staking by focusing on POS systems and liquidity staking products, thereby enhancing the architecture of the Cosmos ecosystem. The ecosystem around Persistence boasts a high total value locked (TVL) and substantial IBC transaction volumes, with a majority of its tokens staked, showcasing the network’s robust security and engagement. Its flagship product, pSTAKE, streamlines the staking process within the Cosmos ecosystem, offering features like automatic re-investment of rewards and quick access to unstaked assets. Additionally, Persistence bolsters the Cosmos ecosystem’s security and decentralization through its re-staking module and alliance, creating an economic coalition for those who re-stake.
The restaking protocol offers new solutions to many issues and is an important narrative within the liquidity staking derivative track. The following article briefly discusses ‘restaking’, as well as some underlying implementations and security risks.