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EigenLayer Native Restaking & Lido ETH Staking
EigenLayer Native Restaking & Lido ETH Staking
Updated over 3 months ago

1. EigenLayer Native Restaking

EigenLayer is a protocol built on Ethereum that introduces the concept of restaking, allowing Ethereum nodes to restake their staked ETH in other protocols or services that require security and trust. This enables restakers to earn dual rewards and governance rights. By redirecting the withdrawal credentials of their validators to EigenPods within the EigenLayer protocol, restakers can minimize smart contract risks.

Background of EigenLayer

EigenLayer is developed by EigenLabs. They recently secured significant funding, including a Series A round of $50 million led by Blockchain Capital in March 2023. Coinbase Ventures and Polychain Capital also participated in the funding round, demonstrating the project's appeal. In February 2024, renowned US venture capital firm a16z invested an additional $100 million in the project. EigenLayer currently boasts a Total Value Locked (TVL) of $15 billion.

Product Features

-Native Restaking

February 2024 Collaborate with the experienced staking infrastructure team, P2P, to enable users to conveniently continue enjoying the native staking rewards of ETH.

-Point Rewards

EigenLayer provides Restaked Points with value and can be exchanged for token rewards during token generation events within the EigenLayer ecosystem.

Revenue Composition

1. Staking Return

Earn annualized staking rewards of 3%-5% from ETH native staking.

2. SSV Rewards

Collaborate with EigenLayer and SSV Network to unlock Restaking potential and receive additional SSV rewards.

3. SSV Rewards

Collaborate with EigenLayer and SSV Network to unlock Restaking potential and receive additional SSV rewards.

4. AVS Rewards

Earn extra rewards by selecting and delegating AVS (Actively Validated Services) operators.

Investment Rules

Please Note: The point rewards return is calculated based on the points price on the OTC market at the time of the last settlement. Expected returns are for reference only and do not represent the final settlement results.

2. Lido ETH Staking

Lido is a decentralized ETH2.0 staking protocol designed to provide a seamless ETH staking experience.

Product Features

--Largest liquid

staking protocol Lido is one of the largest liquid staking protocols in the market with a leading position in terms of user trust and adoption, with a Total Value Locked (TVL) of $30 billion.

--Stable returns and minimized smart contract risk

Lido offers stable returns, allowing users to earn reliable staking rewards. Additionally, Lido minimizes smart contract risks by adopting security audits and high-quality smart contract code.

--Innovative solutions

Lido effectively lowers the entry barriers and costs associated with locking assets in a single protocol. Users can participate in staking conveniently and reduce risks by staking through Lido, without directly engaging in staking on individual PoS networks.

Investment Rules

Risk Warnings

Digital asset transactions contain extremely high risks, and digital assets are traded uninterrupted throughout the day. The User should determine the suitability for investing digital assets products based on their own financial situation and risk preference.

Disclaimer

This article is for informational purposes and for reference only. The content of this report does not constitute investment advice, an offer to sell, or a solicitation of an offer to buy, to residents in the Hong Kong SAR, the United States, Singapore and other countries or regions where such offers or solicitations may be prohibited by law. Digital assets transactions can be extremely risky and volatile. Investment decisions should be made after careful consideration of individual circumstances and consultation with financial professionals. Matrixport is not responsible for any investment decisions based on the information provided in this article. Although the content in this report has been taken from sources that are believed to be accurate, no warranty or representation is made by Matrixport as to its correctness, completeness, timeliness or accuracy.

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