LSTs vs LRTs: The Competitive Staking Market Showdown
LSTs vs LRTs: The Competitive Staking Market Showdown
馃 Staking showdown: LSTs or LRTs?
The staking market is heating up with a showdown between Liquid Staking Tokens (LSTs) and Liquid Restaking Tokens (LRTs). While both offer ways to participate in network security and earn rewards, the competition is not as clear-cut as it may seem.
Key points:
- LSTs allow users to stake assets while maintaining liquidity
- LRTs enable restaking of tokens across multiple protocols
- Each has unique advantages and potential risks
StakeWise, a liquid staking protocol, will be participating in a panel discussion hosted by @stakingcircle this Friday, September 27th at 2pm CET. The event promises insights into:
- Comparative analysis of LSTs and LRTs
- Market opportunities and challenges
- Potential outcomes in this competitive landscape
Don't miss this opportunity to gain valuable insights into the evolving staking ecosystem.
LSTs vs LRTs: who will prevail in the competitive staking market? 馃 The answer may not be as straightforward as it seems Tune in for the discussion on liquid staking vs restaking and listen to our thoughts on the @stakingcircle panel this Friday, Sept 27th (2pm CET) 馃搮 See ya
Kirill Kutakov @kiriyha1, Core Contributor at @Stakewise_io, will share his perspective on how liquid staking can redefine yield strategies. 馃搱 Join us as we explore how LSTs offer flexibility and security in staking while maintaining liquidity, and discuss the trade-offs
Gnosis Chain Successfully Completes Pectra Fork
The Gnosis Chain network has successfully implemented its Pectra fork upgrade, marking a significant technical milestone. StakeWise validators have confirmed smooth operations post-fork with no disruptions reported. Key points: - Fork completed as planned - All validators functioning normally - Network enters new technical phase This upgrade represents a crucial step in Gnosis Chain's development, enhancing network capabilities while maintaining operational stability.
StakeWise Launches Boosted osETH-ETH Pool on Balancer
StakeWise DAO has activated incentives for their new Boosted osETH-ETH pool on Balancer, bringing enhanced capital efficiency to liquidity providers. Key features: - Automatic deployment of spare ETH to Aave for lending yields - Incentive mix: 75% osETH, 25% SWISE, with BAL rewards coming later - ETH-denominated APY for liquidity providers LPs can now migrate from the legacy pool to the new Boosted pool. Access the [migration guide](https://stakewise.medium.com/oseth-liquidity-boosted-oseth-eth-pool-on-balancer-8633d63d39ec) for step-by-step instructions.
Balancer V3 Launches with Aave-Boosted Pool Integration
Balancer has launched its V3 protocol featuring a new Aave-boosted osETH-waWETH pool. The update introduces **Boosted Pools** that allow liquidity providers to earn yields from both AMM trading fees and lending markets simultaneously. Key features: - Buffer system enables efficient gas usage for regular swaps - Assets outside the Buffer earn additional yield through Aave and Yearn - Current USDC supply rates on Aave around 5%, with historical peaks of 15% The integration aims to maximize LP yields while maintaining trading efficiency for Ethereum users.
StakeWise V3 Package Available for Testing on Holesky Network
StakeWise has released its V3 package for Dappnode, now available for testing on the Holesky network. Gnosis Chain integration is coming soon. Key features of StakeWise V3 on Gnosis Chain include: - Stake any amount of GNO and earn rewards - Choose from various staking pools in the Vaults marketplace - Mint osGNO for liquid staking - Autocompound GNO rewards - Unstake anytime StakeWise V3 aims to set a new standard for liquid staking, enhancing decentralization and offering more choices to stakers on Gnosis Chain. Interested users can explore StakeWise V3 at https://app.stakewise.io/