CoinDesk - Ethereum's new "liquid restaking" trend promises high returns with LRTs, but carries risks like complex systems, potential slashing, and unproven "points"-based rewards

in blockchain •  7 months ago 

https://www.coindesk.com/tech/2024/02/20/liquid-restaking-tokens-or-lrts-revived-ethereum-defi-can-the-hype-last/
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New trend called "liquid restaking" is attracting billions of dollars, using the EigenLayer protocol to offer higher returns on Ethereum.

Investors are using "liquid restaking tokens" (LRTs) for DeFi while their funds contribute to securing other blockchains through EigenLayer.

Despite the potential, risks include complex systems, slashing possibilities, and speculative rewards based on unproven "points".

Beware of the LRT's risks!!

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blockchain horror hype ethereum liquid-restaking lrt risks complex
7 months ago by

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      ·  7 months ago 

    Upvoted! Thank you for supporting witness @jswit.

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