Introducing Allstake: Omnichain Restaking for Trustless Scaling
Allstake is the first meshed restaking protocol that brings restaking and shared security to all chains. By decoupling consensus and execution, Allstake enables trustless scaling, offering enhanced scalability, security, and decentralization.
Restaking in a Nutshell
Restaking, in essence, is a new primitive in crypto-economic security introduced by EigenLayer. 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.
Omnichain 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 NEAR, Solana, 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 empowers multichain applications by providing security from the application layer to even the physical level. Actively Validated Services (AVS) derive security from each chain they operate on, creating a decentralized ecosystem where users from all chains can contribute to AVS security. By attracting validators from multiple chains, Allstake increases decentralization and real-world censorship resistance. This validator diversification further improves the security guarantee of AVS.
Use Cases
There are many use cases of Allstake’s Meshed Restaking.
Cross-chain Bridge Secured by Each Chain it Connects
Allstake enhances the security model of cross-chain bridges by providing robust and diversified security. This is especially beneficial for native asset cross-chain bridges, which require multi-asset liquidity. Allstake’s meshed restaking can meet both the liquidity and security requirements of these bridges.
Omnichain Exchange
Off-chain order books that receive deposits from multiple chains can decentralize their infrastructure by using Allstake to channel security from the chains they serve. Allstake’s cross-chain interoperability and Chain Signature solutions will significantly enhance the security, performance, and user experience of Omnichain exchanges.
VM-agnostic Shared Sequencer
Sequencing and block building is a major subject across the crypto space. Shared sequencers that serve different chains and environments can get unparalleled security from Allstake.
Decentralized intent solver network
Allstake enables restaked intent solvers that can revolutionize how people interact with blockchains. Allstake’s Chain Signature solution, combined with a decentralized intent solver network, will create a highly secure and user-friendly chain abstraction infrastructure. This solution drives mass adoption for web3, making it easy and safe for anyone to interact with decentralized apps.
Allstake is Live!
Allstake’s Phase 0 is live on mainnet, launching with top LST protocols on NEAR, LiNEAR Protocol ($LiNEAR) and MetaPool ($stNEAR). In addition to the ~9% staking yield already earned through NEAR’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 including Solana, Ethereum, Bitcoin, Ton, and more. This opens up new opportunities for users to access and diversify their restaking portfolio, providing them with higher yields and greater flexibility
Restake now!
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.
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