What is Liquid Staking and Restaking? LST and LRT Animated Examples

Published: 26 April 2024
on channel: Whiteboard Crypto
22,801
1k

Liquid staking allows you to stake your crypto and receive tokens (liquid staking tokens or LSTs) that you can use within the DeFi ecosystem while earning staking rewards. Restaking takes this further by utilizing your staked funds across multiple platforms to maximize returns. In this video, we use examples to explain practical uses of both of these.

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