Tag: LST
Details of the new Solana liquid staking token are revealed by Binance
With the so-called BNSOL tool, users will be able to mint a liquid staking token that can be utilized while the underlying tokens are locked up and stake SOL tokens…
In just 27 days, 150,000 Ether Overloads Liquid Staking Platforms
Ethereum Staking Volume Increases to 13.59 Million Ether as Lido Approaches the 10-Million Ether Milestone Approximately 290,000 ETH were sent toward decentralized liquid staking derivatives systems between May 28 and…
Liquid restaking surface Mellow makes its debut with Symbiotic
Today saw the debut of the liquid restaking project Mellow for the Symbiotic restaking protocol. As was previously mentioned in Lido’s governance forum, Mellow will be a component of Lido…
Kelp, a liquid Ethereum restaking platform, raises a token round valued at $90 million
In a private token sale round, Kelp DAO, an Ethereum liquid restaking platform built on EigenLayer, raised $9 million. With a combined investment of $3.5 million, SCB Limited, a Bahamas-based…
Kiln uses Ledger Live to enable LST restaking on EigenLayer
Kiln, a platform for institutional crypto staking, has revealed the liquid staking token (LST) restaking on EigenLayer through its Ledger Live dApp. Kiln said that the more than 1.5 million…
Puffer Finance, an Ethereum liquid restaking technology, has raised $200 million in a new token funding round
Co-led by Brevan Howard Digital and Electric Capital, Puffer Finance is an Ethereum ETH +2.01% liquid restaking protocol that has raised $18 million in a Series A fundraising round. Coinbase…
Institutional Staking-as-a-Business facility emerges on P2P.org
According to a press statement from the startup, P2P.org has more than a million Ether (ETH) staked, and its total value locked (TVL) has topped $7.4 billion. To support the…
Decline in Liquid Staking Platforms: A $1.18 Billion Unstaking Trend
Over the past 22 days, a notable decline has been observed in the volume of staked ether across various liquid staking derivative token platforms. Recent data reveals a decrease of…
Researchers at the Ethereum Foundation Face Backlash Over Their Plan to Reduce ETH Issuance
Two researchers from the Ethereum Foundation (EF) proposed earlier this year to slow down the rate at which new Ether (ETH) tokens are issued. It was a deliberate strategy to…
The Surge of Liquid Restaking Platforms: Approaching $8 Billion in Total Value Locked
The total value locked (TVL) in liquid restaking tokens (LRTs) has surged to nearly $8 billion, driven by protocols like Etherfi, Renzo, Kelp, and Puffer experiencing a significant influx of…
Swell Unveils Layer 2 ‘Restaked Rollup’ with Native Governance Token
Swell Network, a liquid restaking platform, has announced plans to introduce its Layer 2 rollup chain, incorporating elements from EigenLayer. Departing from conventional Layer 2 models, Swell will adopt the…
Ether.Fi Unveils ETHERFI Token on Binance Launchpool
Ether.Fi, a pioneering player in the burgeoning realm of liquid restaking protocols, is set to introduce its new token, ETHERFI, through Binance’s Launchpool next week. Liquid restaking protocols, like Ether.Fi,…
Inception and Origin join forces to bring cutting-edge liquid staking model to life
Users of Inception LRT now have the opportunity to mint Inception’s Liquid Restaking Token (LRT), inoETH, using OETH, opening up new avenues for possible investment ideas. Users that stake with…
Stride unveils Rollchain Strategy to go modular on Celestia
Stride is modularizing, and will become the first Celestia rollchain. With this move, Stride blockchain will be able to upload its data to Celestia thanks to the new rollchain module…