Nektar Network Restaking Glossary
Nektar enters the restaking narrative
The Nektar Network is a pivotal restaking ecosystem, secured with Distributed Validator Technology (DVT). Nektar Network presents a sophisticated ecosystem comprising several components seamlessly integrated to form a comprehensive restaking system. At its core, Nektar leverages Ethereum infrastructure to foster crypto-economic security and scalability. Learn more details at the end of this page.
Restaking Glossary
Actively Validated Services (AVSs): Any agent that utilizes Ethereum’s collective security to underpin the new restaking system that offers a dependable trust framework for integrating applications.
Distributed Validator Technology (DVT): A system enabling collective operation of a validator node across multiple participants, improving network security and decentralization.
Restakers: Individuals reallocating their staked cryptocurrency to support additional blockchain functionalities, aiming for further rewards.
Operators: Entities that manage blockchain nodes or validators, essential for maintaining network infrastructure and performance.
Distributors: Organizations or mechanisms that streamline the allocation of blockchain assets and rewards among network participants.
Ethereum: A leading decentralized platform famous for its smart contract capabilities, facilitating the development of decentralized applications (dApps).
Restaking: Repurposing staked ETH or Liquid Staking Tokens to secure additional activities or networks
AVS Developer: Creators and maintainers of Actively Validated Services, leveraging blockchain for secure and reliable app operations.
Liquid Staking: A flexible staking approach where stakeholders receive a receipt token representing their assets staked, keeping them fluid.
Liquid Staking Tokens: A receipt token representing a staked cryptocurrency in a Proof of Stake network
Native Restaking: Direct deposit of the native asset of a network (i.e Ethereum) to support Restaking functions
Slashing Conditions: Punitive measures against validators for misconduct or failure to perform duties, usually by diminishing their stake or collateral.
Stake: Cryptocurrency assets committed as collateral to support network security and operations, often in return for rewards.
For more information on Nektar, visit the Nektar Network homepage.
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