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Table of contents What is Staking? The Concept of Restaking EigenLayer Native Restaking Liquid Restaking How Does Liquid Restaking Function? Top Liquid Restaked Protocols 1. Kelp DAO 2. Renzo Protocol 3. Restake Finance 4. etherFi 5. Puffer Finance Limitations and Challenges of Liquid Restaking Protocols Conclusion What is Staking? Staking is a process that allows users to lock their crypto holdings, or in other words, their “stake,” to ensure the safety and operation of a blockchain ecosystem. While staking is possible only on blockchain networks such as Ethereum and Cardano built on a Proof-of-Stake (PoS) consensus mechanism, it helps to validate transactions. The Concept of Restaking Res taking is a novel concept that allows s taking the same ETH across Ethereum and other blockchain networks. It involves reusing staked or locked Ether at the consensus layer to earn fees and rewards. EigenLayer  EigenLayer is a decentralized Ethereum restaking proto...

Despite Brian Shroder resigning as CEO of the exchange’s US wing amid SEC and CFTC lawsuits, Binance CEO Changpeng Zhao claimed that the departure was normal. Binance Holdings CEO Changpeng Zhao (CZ) has shot down speculation surrounding the departure of Binance.US CEO Brian Shroder, noting that he i “ taking a deserved break " after a successful two year stint at the company.  Binance.US is a subsidiary of Binance Holdings, and the U.S. based exchange has seen a handful of other top executives recently step down from the firm amid lawsuits from the Securities and Exchange Commission and Commodities Futures Trading Commission.  In a Sept. 15 statement via X (Twitter), CZ urged people to "ignore FUD" around the recent shuffling of execs, as he suggested that Shroder was leaving the firm amicably after accomplishing everything he "set out to do when he joined two years ago." "Under his leadership, Binance.US raised capital, improved its product and servic...

Bitcoin short-term holders have been getting active, and their profitability may be underscoring current support and resistance levels, Glassnode reveals. Bitcoin (BTC) would need to return below $20,000 to reset a key metric which covers speculative profit - taking , data shows. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode revealed that short-term holders (STHs) may be dictating BTC price resistance. Profit-taking reinforces resistance levels As BTC/USD climbed towards $25,000, STHs — those holding coins for 155 days or less — began to see substantial returns on their investments. This was captured by the market value to realized value (MVRV) metric, which compares the Bitcoin market cap to the value of coins moved on-chain. “By comparing these two metrics, MVRV can be used to get a sense of when price is above or below ‘fair value,’ and to assess market profitability,” Glassnode explains in an accompanying guide. MVRV passed 1.2 on th...