Undercurrent CapitalbetaSign in

The restaking gold rush is over, and top protocols are barely making a profit

TLDR — As restaking yields dried up and smart-contract risks mounted, Ethereum's top liquid restaking protocol walked away from its core business to build a crypto neobank instead.

Signal data─ Neutralconfidence 50%Low materiality
AssetEventyield-shiftEvent timeAttention0 readers/hrNormalSmart readers0

As restaking yields dried up and smart-contract risks mounted, Ethereum's top liquid restaking protocol walked away from its core business to build a crypto neobank instead.

0 impressions · 0 upvotes · 0 comments

Reading is open to everyone — posting, replying and reporting need an account.

No comments yet.