Restaking


Tech

As Restaking Takes Shape on Solana, Ethereum's Renzo Jumps in With 'ezSOL'

Liquid restaking protocol Renzo, known for its work on Ethereum-based projects like EigenLayer and Symbiotic, disclosed Wednesday that it's preparing a new liquid staking token focused on the Solana-focused restaking platform now under development by developer Jito Labs.

Renzo founding contributor Lucas Kozinski (Renzo)

Tech

Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token

Users can deposit their wBTC to get swBTC in return, with yield expected to start flowing from mid-September – as part of a blockchain "restaking" scheme ultimately designed to secure protocols in the Ethereum blockchain ecosystem.

16:9 Swell, liquid (Winkelmann/Pixabay)

Finance

EigenLayer Outflows of $2.3B Signal Restaking Sector Slide

The yield offered by restaking is dwarfed by the likes of yield-generating platform Ethena.

(Jp Valery/Unsplash)

Tech

Jito Releases Open-Source Restaking Service for Solana

The yet-to-implemented codebase allows any Solana-based protocol to use any asset for its economic security.

(Danny Nelson)

Tech

RedStone, Blockchain Oracle Project Pushing Into Restaking, Raises $15M

The fresh round of capital will go towards hiring new team members, according to a press release.

RedStone Oracles co-founders Jakub Wojciechowski and Marcin Kazmierczak (RedStone)

Tech

Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard

Funds will be used towards expanding the project's restaking services, including adding support for ERC-20 tokens.

Renzo Founding Contributor Lucas Kozinski (Renzo)

Finance

Ether ETF Listing Approval Sees Billions Poured Into Restaking Protocol Ether.Fi

The protocol now has $5.4 billion in total value locked (TVL).

Ether.Fi CEO Mike Silagadze (CoinDesk, modified using PhotoMosh)

Tech

Who Needs an Off-Ramp? Ether.fi Plans Visa Card for Crypto Investors

The "Cash" Visa card from Ether.fi, the liquid restaking startup on Ethereum, might help crypto natives turn their decentralized finance investments into spending money.

visa, credit cards

Opinion

Exploring Ethereum's Staking Expansion: Potential for Growth and Innovation

The market is just beginning and there’s a lot of room for growth, says Eliezer Ndinga, Head of Strategy and Business Development for Digital Assets at 21.co. Here’s what could drive the market.

(Kate Trysh/Unsplash)

Tech

Lido Co-Founders, Paradigm Secretly Back EigenLayer Competitor as DeFi Battle Lines Form

The popularity of new blockchain "restaking" protocols led by EigenLayer has drawn a response from the principals behind the liquid staking platform Lido, which itself burst onto the scene a couple of years ago to become the largest project in decentralized finance.

Internal documents obtained by CoinDesk describe the setup of the new project. (Symbiotic)

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