ClayStack, which provides liquid staking services for cryptocurrencies, announced that it has entered the Ethereum (ETH) restaking area and that airdrops will be made in this area.
Liquid staking platform ClayStack recently announced in its official statement that the popular Ethereum restaking protocol EigenLayer He stated that he entered the Ethereum restaking field through. However, the platform 1:1 reward points to users before token launch stating that it will be offered air drop good news gave.
ClayStack’ is within the scope of this breakthrough csETH It converted the Ethereum liquid staking token into a liquid restaking token. Users will receive clay points for the transactions they make on the platform, and Each clay point can be converted into 1 clay token after launch.
ClayStack founder and CEO Mohak Agarwal In a statement to The Block, he stated that they will soon expand the scope of their restaking services:
The platform has now started accepting native ETH for direct restaking on EigenLayer. Liquid staking tokens such as Lido staked ether (stETH) and Rocket Pool ether (rETH) will soon be included in the system.
We currently accept stETH and rETH, but these are unstake and re-stake, whereas after a few days we will deposit them directly to EigenLayer.
Ethereum restaking is the exchange of ETH staked in Ethereum. The process of using a protocol to ensure its security. This takes staking to the next level.
EigenLayerhas managed to stand out with its innovative steps in the field of Ethereum restaking. EigenLayer’s restaking solutionmakes it easy to use staked ETH to secure other distributed systems such as oracles, bridges or side-chains.
EigenLayer’s moves to expand its integrations with new protocols other than Ethereum have been important in maintaining the project’s leadership. Locked in EigenLayer’s smart contracts total asset locked (TVL) value currently $1.7 billion reached the level.