No, eETH is the first natively restaked liquid token. Just part of the reason why they've grown so enormous (over $500M in ETH as of this post). Second, was ezETH by Renzo. And worth noting the rsETH token by Kelp is not natively restaked but does accept deposits for existing LSTs like stETH and ETHx. We expect Kelp rsETH will adopt the same design as eETH and ezETH. Not sure it matters which others will follow from now on given we expect all LRTs to adopt this native liquid restaking with no caps.
![[Full] 4 ต่อ 4 Celebrity EP.920 | 3 พ.ย. 67 | one31](http://i.ytimg.com/vi/KwiW2M_kAg4/mqdefault.jpg)
Great episode! I prefer EETH over other solutions. The lock up with restaking directly on eigenlayer threw me off - nice to see a fix for that.
Who are you?
All of these will go to 0 by the end of the year. The best LRT and the one that’ll ultimately win has yet to launch.
eETH = meta
isnt frax the first restaking
is it natively restaked on EL?
No, eETH is the first natively restaked liquid token. Just part of the reason why they've grown so enormous (over $500M in ETH as of this post).
Second, was ezETH by Renzo.
And worth noting the rsETH token by Kelp is not natively restaked but does accept deposits for existing LSTs like stETH and ETHx. We expect Kelp rsETH will adopt the same design as eETH and ezETH.
Not sure it matters which others will follow from now on given we expect all LRTs to adopt this native liquid restaking with no caps.
Thanks for the clarity. much appreciated. love the channel.
I lost 50% of BTC in Balancer
Holy cow, really? When / how?