Aurora.. Posted November 2, 2024 Share Posted November 2, 2024 We've all seen how ETH staking changed the game for holders. Instead of just holding ETH and hoping for price appreciation, people could finally put their ETH to work. But here's what's interesting, a lot of people are sleeping on restaking that's been gaining serious traction. The TVL numbers keep climbing as more people realize they can do more with their staked ETH. EigenLayer kicked this off, and now others are building on the concept. This brings me to weETH. It's basically a way to get staking rewards while also having your rewards automatically restaked into EigenLayer. The cool part? You don't have to manually manage anything - it all happens automatically. What makes it different from regular staking: - You get your regular ETH staking rewards - Your rewards get automatically restaked for extra yield - You can actually use your staked ETH in DeFi (lending, pools, etc.) - Works across chains like Arbitrum and Optimism - You keep control of your assets the whole time For those interested, weETH is getting listed on Bitget on November 4th. I've been looking into this space for a while, and what caught my eye is how they're making restaking accessible without overcomplicating things. You don't need to be a DeFi expert to use it. What do you all think about restaking? Curious to hear if anyone else has been following this trend. Reminder: Always DYOR - this isn't financial advice, just sharing what I've learned about the space. Link to comment Share on other sites More sharing options...
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