StaFi announced support for the EigenLayer Liquid Resale Token (LRT).
This aims to improve security and efficiency across the ecosystem.
EigenLayer LRT is already supported in StaFi’s LSaaS stack.
StaFi, a staking infrastructure provider aiming to increase staking capital efficiency, has announced support for the EigenLayer Liquid Restaking Token (LRT). The integration of EigenLayer LRT aims to extend security across decentralized applications, allowing users to re-collateralize their staked tokens.
This integration is the latest development in the ever-evolving staking protocol, following the launch of StaFi’s Liquid Stake as a Service (LSaaS) last month. LRT integration was one of the key steps in the recently released StaFi 2.0 roadmap.
“Integrating LRT into StaFi’s Liquid Stake as a Service is a significant innovation for developers,” said Liam Young, founder of StaFi. “Developers are now free to create re-staking products that leverage shared security across multiple chains.”
EigenLayer announced its mainnet launch last February, introducing a new re-staking mechanism that allows DApps that need to build their own trust and security or their own Active Validated Services (AVS) to share in Ethereum’s pooled security. Developers and project teams can now seamlessly deploy LRT on StaFi’s LSaaS, improving LRT development efficiency and overall rescheduling accessibility.
This allows developers to significantly accelerate time to market while providing new infrastructure for builders to create innovative next-generation DApps, Young added.
“Until now, construction using the LRT has been a complex undertaking with significant lead times,” Young added. “StaFi’s LRT stack accelerates time to market while enabling builders to create new solutions that leverage the cryptocurrency economic guarantees that liquid staking allows.”
Several new features are being added to the LRT stack, including re-registration, re-registration and withdrawal services. Mint and burn LRT and staking pools. Users can also delegate or de-delegate rebooking operators directly in StaFi LSaaS. Users will receive AVS staking rewards for staking tokens and securing DApps. These AVS rewards will be exchanged for ETH on the market to facilitate the formation of LRT/ETH pairs.
These features will be repeated through upgrades to EigenLayer. As a result, developers and LRT operators can quickly build LRTs with the aforementioned features.
The integration of EigenLayer LRT follows support of LSaaS Stack App, with more stack apps also announcing support, including Karak and BounceBit LRT. The team statement also mentioned plans to launch support for BTC LRT in the coming months.
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