Restake Finance
Decentralized modular liquid staking protocol
Unleash the power of Restaking
Harness Eigen Layer yields through the first decentralised modular liquid restaking protocol. Earn rewards without locking LSTs.
The natural evolution of yield optimisation.
How it works
- Deposit LST (stETH) into Restake Finance (ReFi)
- Begin earning rewards in real-time based on customized opt-in modules in ReFi.
- Hold rstETH to receive Eigen Layer interest (APY 10%+).
- Allow users to earn yield without fully locking their LST.
- Received liquid rstETH and participate in the Eigen Layer decentralised trust and security mechanism through ReFi
- Continue receiving Ethereum native staking rewards through rstETH rebase mechanism
- Use rstETH as a building block across DeFi protocols to compound your yield (e.g. as collateral in lending)
Why rstETH
rstETH allows for a liquid exposure to additive yield to be accrued through restaking in Eigen Layer, on top of the tradititional Ethereum staking yield. Restaking enables staked stETH to be used as cryptoeconomic security for protocols that require actively validated services.
Users will be able to opt-in to their preferred modules and in return receive rewards from each independent module. Expected yield is >10% APY across all EL modules.
Restakers can use rstETH as a building block for other applications and protocols (e.g. as collateral in DeFi lending or other trading DeFi solutions). Access to instant liquidity and yield maximization opportunities.
Restake Finance stands out by offering zero minting fee and zero redeeming fee.
Become a pioneer by partaking in the first modular liquid re-staking protocol powered by Eigen Layer.
Restake Finance DAO
Restake Finance DAO serves as the backbone of Restake Finance’s decision-making process.
The Restake Finance DAO will be governed by ReFi token holders who will have the power to influence the direction of the project, propose and vote on various decisions, and collectively manage the protocol.
Unlike numerous projects in the industry, our primary goal is to accrue value to ReFi token holders and align long-term incentives to ensure maximum token utility.
Why is a DAO essential?
The Restake Finance DAO decides on:
Ensures that Restake Finance project remains true to its decentralized nature and that its development aligns with the interests of its stakeholders
Eigen Layer protocol may change and therefore Restake Finance should be upgradeable
DAO has superior decision making skills in comparison to a single persion
Promote long term efficiency and stability
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FAQ
EigenLayer is a protocol built on Ethereum that introduces restaking, a new primitive in pooled cryptoeconomic security
Restake Finance is the first protocol launching modular liquid staking for EigenLayer.
The rstETH token is a tokenised version of restaked Ethereum. It is a rebasing, yield bearing token that allows holders to earn EigenLayer native rewards.
Holding rstETH guarantees seamlessly earning Ethereum’s staking rewards (estimated to vary between 3%-5%) and also EigenLayer rewards on top (estimated at 10%+).
Your address’ yield will be calculated by Restake Finance and will be claimable through the dApp. Yield will accrue over time and anyone will be able to claim their specific yield anytime through the smart contract.
Users can liquid restake their LSTs in EigenLayer through the introduction of our restaked ETH token (rstETH). rsETH will be fully liquid, tradeable on DEXs and will be integrated in DeFi protocols.
ReFi allows for the rehypothecation of yield in such a way that users continue earning Ethereum native interest and secure other actively validated systems while earning additional risk-adjusted yield powered by EigenLayer.