Post
Topic
Board Altcoin Discussion
Re: Thoughts on $weETH and Liquid Restaking for ETH Holders
by
R1dwanRz
on 07/11/2024, 08:36:11 UTC
~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/

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.