Restaking is a relatively new concept in the world of cryptocurrency. It essentially involves reusing your already staked tokens to earn additional rewards and bolster the security of other blockchain protocols. Restaking lets you double-dip your crypto security, earning more rewards by using your staked assets on multiple platforms.
EigenLayer is like a marketplace for Ethereum validators to "rent" their security power to other platforms, enhancing overall security and earning you extra rewards. Think double whammy for your crypto gains!
Follow this thread for more: https://x.com/getbeluga/status/1744089222204490056?s=20
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments