Double play. The proposal offered by the project EigenLayer continues to attract crowds: restaking is on the rise. This sort of “Russian doll” protocol allows, in very summary, to touch them a second time staking rewards. Double the yield offered to secure the blockchain in Proof of Stake (PoS)Ethereum (ETH). Success awaits you!
The TVL of EigenLayer restaking explodes by +400% over one month!
If the protocol EigenLayer and his restaking have been officially launched in June 2023it is especially during this month of FEBRUARY 2024 that cryptocurrencies literally have there flowed. This new possibility of put into play a second time tokens themselves resulting from Liquid staking of ethers – and therefore to receive a second staking reward – has indeed succeeded in attracting crowds over the past month.
According to the DefiLlama data below, the TVL (“ Total Value Locked » i.e. the total value of cryptos locked) on EigenLayer was only around 2 billion dollars at the beginning of February.
This March 4, 2024, this TVL of EigenLayer is now approximately $10.3 billion. Or more than +400% in about thirty days! This represents not far from 3 million ether (or Liquid ether staking tokens to be precise) put into play in this restaking protocol.
If you too wish to benefit from EigenLayer restaking, and position yourself to a possible Airdrop (who knows), we wrote you a short tutorial to take advantage of this innovative protocol. This offer is likely to become increasingly popular with those who wish keep their ethers staker, and restacker, on the long term.