StaFi LSaaS Stack Now Supports EigenLayer LRT
We’re thrilled to announce that StaFi Liquid Staking as a Service (LSaaS) stack now supports Liquid Restaking Token(LRT), just a month after launching and unveiling the StaFi 2.0 roadmap, which included plans for the LRT Stack. With the successful launch of the EigenLayer on the mainnet, developers and LRT project teams can seamlessly deploy LRT on LSaaS with minimal additional development effort, significantly enhancing the efficiency of LRT development and overall acceptance of restaking.
Functionality and Upgrades
The LRT Stack supports the following functionalities:
- Restake/unrestake/withdraw
- Mint/burn LRT
- Restaking pool
- Delegate/undelegate restaking operator
To facilitate the LRT/ETH pair construction, AVS restaking rewards will be swapped for ETH in the market via swap. These functionalities will be iterated upon with the upgrade of Eigenlayer. Both developers and LRT operators can swiftly construct their LRT with the aforementioned functionalities.
Currently, Eigenlayer LRT is already supported on the LSaaS Stack App. We will continue to support Karak LRT and also provide support for BTC LRT in the future. Stay tuned for more updates!
How to Get Involved
EigenLayer Introduction
EigenLayer is a protocol built on Ethereum that introduces restaking, a new primitive in cryptoeconomic security. This primitive enables the reuse of ETH on the consensus layer. Users that stake ETH natively or with a liquid staking token (LST) can opt-in to EigenLayer smart contracts to restake their ETH or LST and extend cryptoeconomic security to additional applications on the network to earn additional rewards.
About StaFi 2.0
StaFi 2.0 will be a major upgrade and rebrand. In terms of positioning, StaFi will transform from a multi-chain LSD protocol to an LSD Infra Layer, and the brand will also be upgraded accordingly. In terms of tokenomics, FIS will introduce a burn mechanism and add new utilities. In terms of security, on top of the existing chain security, it will support contract layer security, including support and frameworks for multiple VMs such as EVM and WASM.
Read more about StaFi 2.0.
