Re: Restaking protocols seem to be what's keeping DeFi alive lately.
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.
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.
I believe EigenLayer is the solution for the restaking and security protocol, you can earn higher rewards while also contributing to the overall health of the Ethereum ecosystem. But They have high entry barrier, as the minimum amount of ETH required is 32 ETH to run an Ethereum validator and participate in EigenLayer restaking.
And on other hand, the puffer project has lower entry barrier, since you can restake as low as 1 ETH. They make native restaking on Eigenlayer more accessible to users. Although you might have missed their recent airdrop, which was available to users who completed certain tasks, you can still participate in their PoolX and launchpool events on Bitget to earn PUFFER as they'll be hot in the upcoming days. It's already mentioned on their Puffer claim site as well.
1 eth is also high, but at the same time considerably lesser than 32eth. Seems the launchpool has started. Lifted this off their twitter page.
