There's Eigenlayer for restaking on Eth, Solayer on Solana, isn't there anything multi-chain? What other chains are there to utilize your assets? How do you juggle your funds between the protocols?
>>58778649sorry, what is restaking?
>>58778649i only know of Eingenlayer and Solayer. not sure about any other restaking platform
>>58778649You buy the steak, cook it, freeze it, and reheat it in the air fryer the next day. It isn't complicated.
>>58778732new fag spotted
>>58778649>Teach me Restakingit isn't your comfy staking. It's like playing DeFi on steroids< - high risk, high reward
Restaking can fatten your bags, desu, but it's a wild ride, but only ape in what you can afford to lose.
>>58778649There is Solflare for SOL Parasail for DePIN projects Renzo for ETH and many others
>>58778649Multi-chain functionality is still under development. using only eth at the moment
>>58778964I can see you are all hyped up but you also need to consider the risk involved because routing your token across different protocols is high risk IMO
>>58778820You need to dig deeper, fren>>58779090>Parasail for DePIN projectsIt's security measures are intensified to safeguard the high-value assets associated with DePIN projects.
>>58778649>how do I compound my risk for one rather regular event of low liquidity to fuck me in the ass to go from 4% yield to 7% yield?
>>58778988Staking makes holding easier which is why I always like to put my tokens to work while waiting for the altseason
>>58779090I can see that only FIL can be restaked on Parasail, so why say it's for DePIN projects?
>>58778649Basically what you're doing with Eigenlayer is you give your ETH to Ethereum validators (already potentially risky as your ETH can get slashed) and you get as the reward, the ETH that is made from contributing to the Ethereum mainnet. But then you also turn around and basically give the receipt for those ETH (the staked ETH, or stETH or WETH whatever it is called in the specific case) to another network and do the same there. So you now have doubled the risk because you can lose the stETH now that you need to withdraw the real ETH which is itself already at risk. Only play these games if you can actually calculate and understand the risk, otherwise it's simply not worth it. You are basically playing the game of a bank at that point, lending away your money multiple times and leveraging the fuck out of yourself, but banks do not care because they have legal privileges and they can rig the rules and in the end they can be bailed out. You will just get rekt instead.
>>58779178Some projects are well built to take care of that risk, so you have to be on the look out for the good ones
>>58779199Its focus on fostering DePIN growth through incentivized restaking and a robust fail-safe refund system is really impressive.
>>58779281I believe you didn't take your time to go through the website because I just did and saw that they will integrate different other DePIN tokens on their platform
>>58779234You are right about this and it's one of the reasons why I could hold my ETH and LINK throughout the bear market, though I wish I had sold LINK so SOL when I had the chance
>>58778964Yeah, auto compounding is easier and more profitable when restaking
>>58778732https://zeroknowledge.fm/301-2/https://zeroknowledge.fm/209-2/not an ad janitors, this is an educational podcast made by a cute chinese woman who loves crypto.
>>58779401Would be good to have the option of choosing between a list of projects so yeah I want to see more pools available
>>58779568Cute Chinese woman?
>>58778732Staking but for retards and bobos
>>58779281Holding filecoin for a while now, probably time to put it to good use
>>58779369Even if things go sideways or the returns don't hit, users have a safety net so they won't lose their initial investment. This extra security makes users more chill about investing and restaking their tokens, knowing there's a backup to protect them.
>>58779747Chinese women are usually the cutest
>>58780004How does that work? Do you get full refund incase of an exploit or what
>>58780105Nowhere near South American women
>>58779864How's that going? Dumped my FIL bags a lot of time ago, didn't see that much potential left in it, would like to be wrong anyways
>>58778826okay so what the actual fuck is this? did someone curse you with madness?
>>58779504this is the whole concept of restaking that makes it even more profitable
>>58779864Good choice man. earning sail points now would qualify you for lots of benefits in the future
>>58778649Hmm, liquid restaking is an interesting one. I prefer rwa tho, Vesta gains could surpass even those of passive plays such as eigen
>>58779199their security measures ensure the integrity and confidentiality of their DePIN projects and protect their users' assets.
>>58780004this is the simplest way to explain restaking to just about anyone. your initial assets are safe
>>58780105but the problem is they they all look the same...
>>58779281i'm guessing other staking options will be added soon enough.
>>58779178yes. but there are protocols built to help mitigate that risk
>>58780366whats real world asset is Vesta tokenizing? i know about Apraemio and they are tokenizing Gold. having a gold backed cryptocurrency will be a huge flex
>>58779369this is in interestiing development.
>>58778649They're all a casino but they can rugpull youUnlike flip.gg that's literally a crypto casino that cannot rugpull you, worst case scenario you get rugpulled by yourself
>>58781029Quite interesting, but there's more. If you're interested in RWA investments, welcome to the hub!
>>58781538the future of asset tokenization will be massive
>>58781538>>58781029>>58781538>>58781565FUCKING BAN INDIA JANITORS GODDAMMIT DO YOUR FUCKING JOB
