We’ll see a massive Eigen season for LRTs
EigenLayer’s TVL is already at an ATH of $2B
Here is a hack to 10x points boosting strategy over 18 LRT protocols 🧵👇
(Bookmark: Bonus alpha for IDO at the end)
1. Renzo
@RenzoProtocol $ezETH
Raised $3.2m at FDV 25m
You can earn points and yields over many platforms, including @Balancer @AuraFinance
I heard Renzo is going to @pendle_fi so even more yields
2. Etherfi
@ether_fi eETH/weETH
Biggest restaker for Eigen
Follow the strategy for $eETH on @pendle_fi for 9x Eigen points, 2x Ether points.
3. Kelp DAO
@KelpDAO $rsETH
You can extra $0.1-$0.4 on every dollar spent if you restake on Kelp on top of your Eigen airdrop
4. Restake.fi
@restakefi $rstETH
First LRT to have a trading token $RSTK
Huge partnerships are incoming
5. Puffer
@puffer_finance $pufETH
Raised $5.5m, Got golden tick
@eigenintern tweeted about Puffer
My friend @DegenRutw is with the team
6. Rio Network
@RioRestaking $rETH
Looking through their timeline and the last they posted was 18 Dec
Strong backers, Golden tick
7. Rest Finance
@rest_finance $restETH
First to accept native ETH
ACM mechanism ensures deep liquidity and stable peg for $restETH
8. Inception
@InceptionLRT $instETH/$inrETH
It addresses concerns associated with traditional restaking, like the risk of slashing, by incorporating additional layers of safety for delegators.
9. Genesis LRT
@Genesis_LRT $genETH
Customizable restaking with insurance
10. Restaking Cloud
@RestakingCloud RST (restaked staking tokens)
Pretty unnoticed as it enables full nodes, LSTs, and even Eigenlayer nodes to participate
11. Supermeta restaking
@supermetafi $reETH
Pioneered the concept of Basket-based Liquid Restaking (bLRT) and Isolated Liquid Restaking (iLRT).
Native dex that can trade LRT and enable anyone to launch their own LRT.
12. StakeStone
$STONE is a non-rebase OFT (Omnichain Fungible Token) with yield-bearing $ETH
$STONE its token depegged due to the outflow of $ETH from $MANTA and there presents a 30% arb opp
13. Astrid
Supports $stETH, $rETH, and $cbETH.
Rewards earned are compounded (restaked back to EigenLayer) and distributed through a balance rebase, where users who hold LRTs will see their balance automatically adjusted.
Strange, there’s no updates since 29 Oct 2023
14. Swell
@swellnetworkio $rswETH
Raised $4m
Best way to farm $SWELL is with $EQB
@0xShinChannn hints that $SWELL token to come in Q1
So farm the most while you can!
15. Agilely
First Liquid Restaking Token CDP Derivative.
Omni-chain Interest-Bearing $USDA powered by @LayerZero_labs
Supports multi-collateral
USDA (OFT-20) is an omni-chain stablecoin pegged to the US Dollar
16. Ion Protocol
The lending platform for LSD, LRT
Currently support $wstETH, $swETH, and $ETHx on testnet.
Currently in mainnet whitelisting stage.
17. Bonus
If you read till the end here are some bonus LRT protocols that you can dive in and some are launching at single digit FDV
@Eigenpiexyz_io launching at 3M FDV
Accepts: stETH, rETH, mETH, sfrxETH, TVL 50M in under 20hrs
Deposit here
@Euclidfi is launching at 2M FDV
Farm the most points with this strategy:
vlEQB + ePENDLE
Earn points for IDO allocation
The list of detailed research that inspired me was from @DewhalesCapital
Twitter: https://twitter.com/arndxt_xo/status/1751924913882218820