$7,493,181Total Value Locked
3,089rstETH in circulation
2500+Unique contract interactions
750+Users
Testnet statistics
How it works?
STEP 1DepositDeposit LST (stETH) into Restake Finance (RSTK)
STEP 3Receive rstETHReceived liquid rstETH and participate in the
EigenLayer decentralised trust and security mechanism
through RSTK. Continue receiving Ethereum native staking
rewards through rstETH rebase mechanism
STEP 2Earn YieldBegin earning rewards in real-time based on customized
opt-in modules in RSTK. Hold rstETH to receive
EigenLayer interest (APY 10%+). Allow users to earn
yield without fully locking their LST.
STEP 4Use in DeFiUse rstETH as a building block across DeFi protocols to
compound your yield (e.g. as collateral in
lending)
Why rstETH?
Liquid exposure to EL yieldsrstETH allows for a liquid exposure to additive yield to
be accrued through restaking in EigenLayer, 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.
DeFi compatibilityRestakers 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.
Yield rehypothecation & customized modulesUsers 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.
Zero costs for capital re-utilizationRestake Finance stands out by offering zero minting fee
and zero redeeming fee.
Restake Finance DAOThe backbone of Restake Finance’s decision making
process.
Why is a DAO essential?
Ensures that Restake Finance project remains true to its
decentralized nature and that its development aligns with
the interests of its stakeholders
DAO's have superior decision making skills in comparison to
a single person
EigenLayer protocol may change and therefore Restake
Finance should be upgradeable
Promote long term efficiency and stability
Frequently Asked Questions
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 restaking 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.
RSTK 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.
Should we receive an airdrop of EigenLayer tokens on behalf
of our users, the entirety of tokens will be distributed to
the users as per their contributions.