Sonic SVM tops $50M in Solana staking, announces new partnerships
Solana-based restaking and liquid staking could follow the explosive growth trajectory of Ethereum’s liquid staking ecosystem.
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Solana-based restaking and liquid staking could follow the explosive growth trajectory of Ethereum’s liquid staking ecosystem.
Institutional interest is increasing thanks to the capital efficiency introduced by restaking and liquid staking.
The restaking protocol will start by targeting crypto-native apps, with EigenDA serving as a “beachhead” for onboarding, Sreeram Kannan said.
With EigenLayer, restakers earn additional rewards, while developers get access to Ethereum’s robust security with less investment.
Users are flocking to yield farm restaking protocols, but poor risk management and due diligence is a ticking time bomb.
EigenLayer’s EIGEN token is scheduled to unlock at 5:00 a.m. UTC on Oct. 1 and will start trading on exchanges such as Binance soon after.
Bedrock says the root cause of the exploit has been “handled” and reassured users that all remaining assets were safe.
Upcoming Binance Launchpad incentives, CZ’s upcoming release and BNB Chain’s use cases outside of DeFi appear to be behind BNB’s rally.
Interest in restaking and liquid staking protocols is surging across notable blockchain networks, including Ethereum and Solana.
It will be an important test case for EigenLayer and other restaking protocols, which promise extra yield on staked tokens in exchange for securing additional […]
