LRT is among the most weakly valued project there is in crypto market right now, the return is not that great, but the airdrop also don't even worth the time.
have you seen people who holds many ETH in puffer and swell recently only got reward not more than $200 which is ridiculous, you risked good money in a smart contract, exposed fully to volatility for entire year only to get less than $200 meanwhile your entire asset is already -25%. the annual return also so small I don't think it justifies the risk aside from the airdrop, these projects also having the market cap of only around $30 million despite being funded by VC by the tens of millions as well.
they are just not that good anymore, more likely to waste your time. even stable investment like S&P500 yields more.
Topic: Thoughts on $weETH and Liquid Restaking for ETH Holders (Read 88 times)
~Snipped
Let loop begin mate, you know that it means that your staked ETH is actively working for you, which can be a cool way to maximize your rewards. It's all about making your assets work harder anyway.. And also WEETH is currently valued at 1.0506 ETH on Bitget, which is showing strong interest in the market. This also highlights the potential of WEETH for anyone looking to leverage their ETH in smart ways.
Yeah, it's a good opportunity for someone with huge liquidity in ETH. For me, it's not. When it was time to farm EigenLayer, yes it was a good opportunity at the time. I'm not worried about the peg. Pegged price among all LST and LRTs have been decent except for that one time with Renzo protocol. Other than that, I know there are opportunities in LSTs + LRTs but they're just not for me rn.
~Snipped
Wondering if anyone else has tried liquid restaking or has thoughts on how it compares to standard staking setups.
https://coinmarketcap.com/currencies/weth/
Wondering if anyone else has tried liquid restaking or has thoughts on how it compares to standard staking setups.
https://coinmarketcap.com/currencies/weth/
Not liquid restaking but a restaking protocol. There's not much difference between them both so I consider them to offer very similar opportunities even though liquid restaking will have more risks involved. My concerns is the looping that goes on top of these restaking and liquid restaking protocols because at the core of it all, you stake ETH and then that ETH is staked over and over again.
Let loop begin mate, you know that it means that your staked ETH is actively working for you, which can be a cool way to maximize your rewards. It's all about making your assets work harder anyway.. And also WEETH is currently valued at 1.0506 ETH on Bitget, which is showing strong interest in the market. This also highlights the potential of WEETH for anyone looking to leverage their ETH in smart ways.
I've been staking in some of these projects, honestly the APY is just like normal APY, most of the people that uses restaking protocol only want the airdrop, not the real APR that they offered, I think this kind of project suits you best if you just have some ETH lying around, earning on the side by just staking it. right now I think they also proposes 4th season of airdrop, probably just gonna reuse previous eligibility criteria.
Exactly, it's a way to get more rewards and the potential airdrops that will be released through these restaking protocols that are partnering up with them. If someone who's into airdrops does this, it's fair for them to get that much tokens to sell and have of a great value afterwards because it looks like a way to invest but they get their money back and with some airdrops on the side. There's also risk on it but those that knew what they are up to and what they're doing, this is easy money still aside from the APY that they get. legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
I've been staking in some of these projects, honestly the APY is just like normal APY, most of the people that uses restaking protocol only want the airdrop, not the real APR that they offered, I think this kind of project suits you best if you just have some ETH lying around, earning on the side by just staking it. right now I think they also proposes 4th season of airdrop, probably just gonna reuse previous eligibility criteria.
the non-custodial approach is a nice feature letting users stake without giving up control of assets.
https://coinmarketcap.com/currencies/weth/
you staked your coin in a smart contract controlled by the foundation, I don't believe it can even be called non-custodial, you practically lost control of ETH until you make withdrawal request, so no, I don't think you can stake without giving up control of the assets. https://coinmarketcap.com/currencies/weth/
~Snipped
Wondering if anyone else has tried liquid restaking or has thoughts on how it compares to standard staking setups.
https://coinmarketcap.com/currencies/weth/
Wondering if anyone else has tried liquid restaking or has thoughts on how it compares to standard staking setups.
https://coinmarketcap.com/currencies/weth/
Not liquid restaking but a restaking protocol. There's not much difference between them both so I consider them to offer very similar opportunities even though liquid restaking will have more risks involved. My concerns is the looping that goes on top of these restaking and liquid restaking protocols because at the core of it all, you stake ETH and then that ETH is staked over and over again.
It's very impressive from what I've heard of it has pretty strong selling points to attract stakers like the loyalty points and the flexibility it offers, so it does fare well when compared to standard staking methods still at the same time, it's not at the top of the staking chain just above average imo.
Been looking into $weETH as someone with a background in ETH staking. It’s a liquid restaking token that allows users to earn typical staking rewards, plus it automatically restakes in EigenLayer. The non-custodial approach is a nice feature letting users stake without giving up control of assets.
$weETH also offers loyalty points and supports cross-chain use with platforms like Arbitrum and Polygon. Wondering if anyone else has tried liquid restaking or has thoughts on how it compares to standard staking setups.
https://coinmarketcap.com/currencies/weth/
$weETH also offers loyalty points and supports cross-chain use with platforms like Arbitrum and Polygon. Wondering if anyone else has tried liquid restaking or has thoughts on how it compares to standard staking setups.
https://coinmarketcap.com/currencies/weth/
Jump to: