The restaking gold rush is over, and top protocols are barely making a profit

The restaking gold rush is over, and top protocols are barely making a profit

Özet: Kripto piyasasında önemli gelişmeler yaşanıyor.

By the end of this quarter, ether.fi will have cut the last structural link between its staking tokens and restaking protocol EigenLayer.

Protocol documentation put under 1% of assets still restaked as of August with EigenPod withdrawal credentials due to be removed by the end of the year.

When ether.fi launched in 2024, deposits were restaked on EigenLayer automatically.

In August the company stripped restaking out of weETH, the version of its token that circulates and is accepted as collateral across DeFi, leaving it as a plain liquid staking token.

Anyone who still wants restaking has to opt into a separate token built on Symbiotic, a rival platform.

Mike Silagadze, ether.fi’s chief executive, said the decision came down to risk.

“There were no meaningful yield opportunities in restaking and there was some perceived risk from stakers, so we decided it made sense to exit,” he told CoinDesk.

Staking means locking up ETH to help secure Ethereum, in return for a yield.

Restaking was the idea that the same locked ETH could do a second job: EigenLayer would rent that security out to other services, such as oracles and data availability layers, which would pay for the protection.

Depositors would earn twice on one pot of money.

Analiz: Piyasa hareketliliği devam ediyor.