Restaking


Markets

Ether.Fi's ETHFI Jumps 50% to Record, May Boost Valuations for Liquid Restaking Token Airdrops: Analyst

Restaking has become one of the hottest sectors in DeFi, with new protocols leveraging Ethereum's proof-of-stake blockchain to secure other networks.

ETHFI price (CoinDesk)

Finance

Ether.Fi's Token Falls 20% After Debut

55.76% of ETHFI's supply has been allocated to core contributors and investors.

Pyth issues token airdrop (ian dooley/Unsplash)

Finance

Justin Sun Deposits $480M of ETH to Restaking Protocol Ether.Fi

Ether.Fi is nearing $3 billion in total value locked.

Consensus 2019 Justin Sun CEO TRON (CoinDesk)

Tech

Ethereum Staking Protocol Swell Unveils Layer-2 Rollup With $1B Total Value Locked

Swell developed the rollup alongside Ethereum scaler AltLayer and a16z-backed crypto-staking project EigenLayer.

Citrea says its zero-knowledge rollup will help expand Bitcoin's ability to accommodate NFTs and DeFi. (Unsplash modified by CoinDesk)

Tech

Ether.Fi, Liquid Restaking Protocol, to Release ETHFI Token on Binance Launchpool Next Week

Liquid restaking protocols like Ether.Fi are designed to reuse Ethereum's proof-of-stake blockchain to secure other networks and protocols, and have quickly become one of the hottest types of projects in crypto.

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

Finance

Omni Network Signs $600M Restaking Deal With Ether.Fi to Enhance Security

Both Omni and Ether.Fi have committed to EigenLayer's pooled security model.

Omni Network signs $600 million deal with Ether.Fi (Blogging guide/Unsplash)

Finance

Liquid Restaking Protocol Ether.Fi Raises $23M Series A

The total amount of capital on ether.fi has jumped from $103 million to $1.66 billion since the turn of the year.

ether.fi raises $23 million (Giorgio Trovato/Unsplash)

Finance

Eigen Labs, Developer Behind Restaking Protocol EigenLayer, Raises $100M From A16z Crypto

Pioneering restaking project EigenLayer, a project led by Sreeram Kannan, isn't even live, but investors are piling in. A16z Crypto is affiliated with the venture capital firm Andreessen Horowitz.

EigenLayer CEO Sreeram Kannan (University of Michigan, modified by CoinDesk)

Tech

The Protocol: Restaking Tokens Are Exploding, and Restaking Isn't Even Live

In this week's issue of our weekly blockchain tech newsletter, Sam Kessler explores how "liquid restaking tokens" or LRTs are remaking decentralized finance. PLUS: Starknet's STRK airdrop, Stellar's smart-contract facelift and bitcoin's supply crunch.

(Alina Grubnyak/Unsplash)

Markets

Restaking Protocol Kelp DAO Brings Liquidity to EigenLayer Points

Kelp DAO's newly announced kelp earned points (KEP) token brings liquidity to EigenLayer Points.

EigenLayer CEO Sreeram Kannan (University of Michigan, modified by CoinDesk)

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