The re-staking track is coming. Which wealth codes are worth paying attention to?
The concept of re-staking was first proposed by the founder of Eigenlayer, and the development of re-staking is the result of the continuous upgrading of the staking track. In September 2022, Ethereum will shift from POW to POS, and Ethereum holders will become network validators by pledging ETH to ensure the safe operation of the Ethereum network. However, the biggest disadvantages of Ethereum staking are the high threshold (32 ETH) and the lock-in period. To address these problems, liquid pledged derivatives (LSD) form a pool by pooling the ETH pledged by retail investors, and pledgers obtain ERC-20 derivative tokens (such as stETH issued by Lido) minted by the protocol at a ratio of 1:1. These derivatives The token has strong liquidity and supports trading and redemption. A simple understanding of re-pledge is to pledge the assets that have been pledged for a second time. The motivation for staking is to obtain staking rewards and potential project airdrops.