ClayStack enters Ethereum restaking, offering reward points ahead of token launch | Headlines | News | CoinMarketCap
01/24/2024 02:28
Crypto liquid staking platform ClayStack has entered the Ethereum restaking space via EigenLayer and is offering users reward points ahead of its …
Crypto liquid staking platform ClayStack has entered the Ethereum restaking space via EigenLayer and is offering users reward points ahead of its token launch at a 1:1 ratio.
ClayStack is changing its Ethereum liquid staking token called csETH into a liquid restaking token, the project said Monday. ClayStack uses the pioneering Ethereum restaking protocol EigenLayer to offer the new service.
The platform currently accepts native ETH for direct restaking on EigenLayer, with liquid staking tokens such as Lido staked ether (stETH) and Rocket Pool ether (rETH) to follow in "a few days," ClayStack founder and CEO Mohak Agarwal told The Block.
"We currently accept stETH and rETH, but they are unstaked and restaked, whereas after a few days, we will deposit them directly on EigenLayer," …