Re: Re-Staking 101: My Approach to Finding Potential Projects
Someone asked me on this forum if I actually do re-staking, and my answer is yes. I believe around 80% of crypto traders engage in re-staking to earn more interest on their initial stake.
From my limited knowledge, I'm aware of ETH re-staking, SOL re-staking, and Solayer re-staking, a newly launched protocol built natively on Solana.
My advice to those interested in re-staking is to always do your own research (DYOR). For instance, when I researched potential projects, I compared Ethereum, Solana, and Solayer's transaction per second (TPS). The results showed Solayer with an impressive 1,000,000+ TPS, while Solana had 7,229 and Ethereum had a lower TPS.
These findings led me to see significant potential in the $LAYER token, which could gain massive adoption and perform well, especially with its upcoming listing.
So, this is actually the best way for me to search for hidden gems. How about you, how do you conduct your own research (DYOR) on projects? And is this the first time you're hearing about re-staking?
From my limited knowledge, I'm aware of ETH re-staking, SOL re-staking, and Solayer re-staking, a newly launched protocol built natively on Solana.
My advice to those interested in re-staking is to always do your own research (DYOR). For instance, when I researched potential projects, I compared Ethereum, Solana, and Solayer's transaction per second (TPS). The results showed Solayer with an impressive 1,000,000+ TPS, while Solana had 7,229 and Ethereum had a lower TPS.
These findings led me to see significant potential in the $LAYER token, which could gain massive adoption and perform well, especially with its upcoming listing.
So, this is actually the best way for me to search for hidden gems. How about you, how do you conduct your own research (DYOR) on projects? And is this the first time you're hearing about re-staking?
Nah it's not the first time. I know about restaking on ETH and on ecosystem like cosmos but never on Solana but this is new. Checked it out and it seems it's a binance incubated projets with other $180m in tvl..they've got good figures oo. This should be the reason why the price trend of layer is doing well post launch
