Post
Topic
Board Altcoin Discussion
Topic OP
Restaking protocols seem to be what's keeping DeFi alive lately.
by
aima55
on 11/10/2024, 10:10:45 UTC
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.