Allstake Launches Aurora (NEP-141) Restaking
Allstake is a crypto economic security infrastructure that pioneered Meshed Restaking for trustless scaling. In a strategic move to diversify the types of assets available for shared security, Allstake has launched support for the first layer 2 and fungible token, $Aurora.
Restaking in a Nutshell
Restaking is a new primitive in crypto-economic security; it allows users to restake their staked ETH or liquid staking tokens (LST) to bootstrap new proof-of-stake networks and services within the Ethereum ecosystem in return for additional staking yield/rewards. Restaking unlocks a new era of permissionless innovation and free-market governance by reducing developer complexity when building and bootstrapping these networks from scratch.
Unleashing the Power of Meshed Restaking
Allstake extends beyond Ethereum; it builds “verifiable cloud” for the broader crypto landscape, enabling users to natively restake a wide range of assets (LSTs, LRTs, LP tokens, stablecoins, etc.) on multiple chains including Solana, NEAR, Bitcoin, Ethereum, Ton, and more. Allstake comprises a modular toolkit that includes a programmable multi-asset economic module, a restaking hub for managing restaking logics, a chain signature module for synchronizing states and slashing on other chains, and light clients for trustless verification.
Allstake Launches Aurora (NEP-141) Restaking
The launch of the Aurora token restaking marks the first step of Allstake expanding its reach to a layer 2 governance token. This strategic move follows the partnership announcement between Allstake and Aurora, showcasing the diversity of the type of assets that could be supported by Allstake.
In addition to the cross-chain interoperability empowered by the rainbow bridge, the restaking vault of Aurora (NEP-141) tokens provides:
- Shared security between various Allstake’s AVS
- Allstake points to stakers and AVS rewards in the future
Allstake is Live!
Allstake’s Phase 0 is live on mainnet, launching with top LST protocols on NEAR and Solana, as well as governance tokens such as Aurora.. In addition to the 7~9% staking yield already earned through NEAR’s and Solana’s PoS staking, users can now earn Allstake Points, creating a unique dual reward opportunity. Users can also join our community campaign to earn additional points (GEMs) to further boost the rewards
Allstake will soon add the support of other chains includingEthereum, Bitcoin, Ton, and more, as well as additional governance tokens of top protocols on supported chains. This opens up new opportunities for users to access and diversify their restaking portfolio, providing them with higher yields and greater flexibility
Aurora (NEP-141) Restaking Guide
By restaking your Aurora tokens through Allstake, you’ll be able to earn Allstake points and future rewards. Follow this step-by-step guide to get started with Aurora restaking today.
ShareFirst, go to the Allstake app page, click the button on the left side of the top right corner to select the appropriate network. Here, we’ll use the NEAR network as an example. Then, click the ‘Select Wallet’ button and log in with the appropriate NEAR wallet.
After connecting your wallet, scroll down to the deposit section and select $Aurora. Then, enter the amount you want to restake. (Note: Please ensure that there is a certain amount of Aurora in your wallet.)
Click the ‘Deposit’ button at the bottom and confirm the transaction in the wallet. Wait a moment for the deposit to complete.
Now you’re all set! You may vavigate to the “Portfolio” section on the top navigation bar to check your restake amount and accumulated points.
About Allstake
Allstake pioneers meshed restaking, enabling users to natively restake a wide range of assets (LSTs, LRTs, LP tokens, stablecoins, etc.) on multiple chains including NEAR, Solana, Bitcoin, Ethereum, Ton, and more. By decoupling consensus and execution, Allstake enables trustless scaling, offering enhanced scalability, security, and decentralization.
About Aurora
Aurora is a network of Virtual Chains that combines NEAR’s scalability with powerful infrastructure for the easy deployment of preconfigured blockchains. By integrating a high-performance EVM, the trustless Rainbow Bridge, and advanced Cross Contract Call technology, Aurora goes beyond full Ethereum compatibility, opening the doors to a multichain world.
