Liquid restaking involves securing additional yield, or rewards, on natively staked ether. Ether.fi currently offers 3.92% and loyalty points across EigenLayer. The points will eventually be convertible to token airdrops. The liquid restaking market has soared since December, with EigenLayer’s total value locked (TVL) rising to $10 billion from $250 million, data from DefiLlama shows.

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• Source: https://www.coindesk.com/business/2024/03/04/omni-network-signs-600m-restaking-deal-with-etherfi-to-enhance-security/?utm_medium=referral&utm_source=rss&utm_campaign=headlines