Restaking protocols seem to be what's keeping DeFi alive lately.

TastyChillySauce00

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Quote from: mk4 on October 12, 2024, 11:23:48 PM

Man, you should've restaked earlier coz like every single one of them conducted airdrops.

But yea, if you hold ETH, you probably might as well just restake stETH or something — just take into consideration exploit risk, so don't go 100% all in on your ETH.

Agreed with this, it's kinda late, but some of restaking project also have phase 2 - 3 like etherfi, other also coming I guess.

but the most bountiful airdrop will always be the first phase Grin

.

but I'm sure there will be any other restaking project in the upcoming future anyway, knowing current restaking project easily secured billions. of course the venture capital won't miss the chance to create another billion dollar valued token again Grin

.

mk4

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Man, you should've restaked earlier coz like every single one of them conducted airdrops.

But yea, if you hold ETH, you probably might as well just restake stETH or something — just take into consideration exploit risk, so don't go 100% all in on your ETH.

X-ray

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The weak point of restaking protocol is their TVL become so big solely because people seeking their TGE, but if the APR continues to be attractive it can pretty much continue to have high TVL though user retention might be decreasing.
restaking protocol like Puffer will probably have their TVL decrease a lot once TGE goes live which is tomorrow, probably. that can be a concern for depegging but speaking from experience, none of the previous restaking protocol have that much serious depegging. usually it depegs a little bit and then go up again, a subject for speculation for people who know what's gonna happen. but at the end of the day it depends on the mechanism of withdrawal, if it's 1:1 through withdrawal function enabled by the team, there won't be depegging at all.

but yeah it's the biggest narrative, I can even say it's the glue that keeping the ethereum blockchain to be as active as it is right now. literally everyone I know that holds ETH, restaked their ETH.

Diamondarikpi

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I do like the liquid restaking feature as it allows users to earn points (Puffer points, Eigen points & ETH APY as well). Although I believe we could have more innovations soon 'cos I love earning in a passive way.

AntonietteK

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Absolutely, it’s normal to be cautious about new investments, but puffer does seem promising. It’s intriguing how it allows anyone to run an Ethereum PoS validator and boost their rewards. With all the buzz and the option for users to pre-deposit on Bitget, it could be a good time to explore what it has to offer.

aima55

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Guys, it seems like restaking protocols are becoming the biggest narrative in ethereum.

Before, I used to be so much confused about staking, restaking, liquid staking concepts. But when I used them, it was clear.
I have been smashing my head with this eigenlayer narative for about 4 months now mainly on puffer, an Ethereum liquid restaking protocol built on EigenLayer. Being on the puffer boat for a while and looks like they have something for the community. Thou, i still cant decide if i want to put my eth into all of these restaking contracts.

Anyways, i’ve been thinking about this lately, is Restaking good or dangerous for the Ethereum ecosystem. I read about it somewhere last time that If anything goes wrong with restaking, it could have spiral effect and could devastate the price of ETH.

Topic: Restaking protocols seem to be what's keeping DeFi alive lately. (Read 58 times)