Here are a few things to note about restaking:
1) EigenLayer is a representative restaking protocol deployed on Ethereum.
2) Liquid restaking tokens (LRTs) turn restaking positions into tradable tokens, such as ether.fi’s eETH.
3) LRTs may trade at a premium or discount to the ETH backing them. Factor in this price difference when using them as collateral for borrowing.
$EIGEN is a token in the EigenLayer restaking protocol ecosystem.
#EIGEN
1) EigenLayer is a representative restaking protocol deployed on Ethereum.
2) Liquid restaking tokens (LRTs) turn restaking positions into tradable tokens, such as ether.fi’s eETH.
3) LRTs may trade at a premium or discount to the ETH backing them. Factor in this price difference when using them as collateral for borrowing.
$EIGEN is a token in the EigenLayer restaking protocol ecosystem.
#EIGEN
