Navigating Restaking: Your Guide to Eigenlayer's Actively Validated Services
Which one is the next ALT? Covering the use cases of AVS. Some are really cool!
Mark my words: Restaking will dominate as the fastest-growing category in 2024.
Restaking is the 10th 9th largest DeFi category, with $1.78B $2B USD in EigenLayer alone (it went up while I was writing).
And don't forget the "Liquid restaking" category at 13th place with $641M $1B USD.
And now with the first AVS token (ALT) launched, and Eigenlayer deposits opening on February 5th, it’s time to catch up with everything happening in the space.
This is the first part post on “Navigating Restaking.” I will briefly explain Eingelayer’s restaking and I will cover emerging use cases for Actively Validated Services (AVS) enabled with restaking. Those are really cool!
In the future posts, I will dig deeper into differences among LRT protocols, and discuss restaking beyond Ethereum, so make sure to subscribe!