Cryptoic Posted February 10 Share Posted February 10 As a trader re-staking is one of the low-risk avenues for profit, EigenLayer and Karak Network should sound familiar even though they are for EVM-compatible chain networks. Personally, i do restake a lot but the unavailability of such platform on Solana has been an hassle but i came across one known as Solayer which is the first restaking protocol and the biggest in terms of TVL on Solana. Even though it’s been around for a while now, i was never aware so i checked out its website out of curiosity and i realized it offers the same features as Ethereum restaking by allowing dApps and L1 networks to leverage other networks economic security. It was built to empower on-chain dApps with improved network bandwidth and also offers SOL stakers new yield opportunities. Interestingly, it has its own yield-bearing stablecoin $sUSD which is backed by the US T-bill. It currently has over $350 million in SOL deposit which lead to its launch on exchanges like Bitget and Kucoin adding to its growing ecosystem. https://www.bitgetapp.com/support/articles/12560603822386 As a trader, do you take advantage of restaking resources to accumulate more profits or you’ve always been overlooking it ? Link to comment Share on other sites More sharing options...
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