The Rise of Re-Staking in Crypto: A High-Risk, High-Reward Trend

According to Reuters, Seattle-based startup EigenLayer has taken the crypto world by storm, attracting $18.8 billion worth of cryptocurrency to its platform in just six months. The company, founded by former University of Washington assistant professor Sreeram Kannan, has invented a new investment strategy called “re-staking,” which has quickly become a popular choice among traders […] source: https://www.cryptoglobe.com/latest/2024/06/the-rise-of-re-staking-in-crypto-a-high-risk-high-reward-trend/