Jito, a powerhouse in Solana’s DeFi ecosystem, has officially joined the restaking race—and it’s off to a strong start. The protocol’s newly launched restaking feature has already attracted $25 million in TVL, making it the second-largest restaking project on Solana in a matter of hours.
Evolving beyond a staking protocol, the project is transforming into a full-fledged fintech platform, featuring its own credit cards and a variety of DeFi integrations for its users.
Evolving beyond a staking protocol, the project is transforming into a full-fledged fintech platform, featuring its own credit cards and a variety of DeFi integrations for its users.
Jito, a powerhouse in Solana’s DeFi ecosystem, has officially joined the restaking race—and it’s off to a strong start. The protocol’s newly launched restaking feature has already attracted $25 million in TVL, making it the second-largest restaking project on Solana in a matter of hours.
A well-known Ethereum researcher becomes a new advisor to the EigenFoundation despite the possible conflict of interest. He will focus on the topic of a new crypto primitive, restaking, and its risks.
Supported by industry giants, Symbiotic aims to disrupt Eigenlayer's dominance by accepting a wide range of ERC-20 tokens for staking, unlike Eigenlayer’s ETH-only support.
The excitement surrounding the EigenLayer Stakedrop quickly turned to disappointment with the announcement of a minimal 15% token allocation and significant geographical restrictions.
Following Renzo’s tokenomics release, the ezETH price plummeted, causing widespread liquidations among leverage restaking farmers. Although adjustments were made to improve community allocations, many stakeholders continued to express discontent.
