2024年，離「質(zhì)押年」這個(gè)預(yù)測還差一波大行情。
從 Cosmos、Solana 生態(tài)到以太坊，質(zhì)押擼毛已經(jīng)是公認(rèn)的財(cái)富密碼。隨著以太坊流動性質(zhì)押與資本效率需求的提高，EigenLayer 發(fā)幣預(yù)期、AltLayer 空投大毛與 Renzo 融資消息直接引爆重奪大戰(zhàn)Restake由Eigenlayer創(chuàng)辦人Sreeram Kannan首次提出，允許已經(jīng)質(zhì)押在以太坊上的ETH，再次質(zhì)押在其他共識協(xié)議上，讓其共享到以太坊的經(jīng)濟(jì)安全性，保證自身的安全啟動和運(yùn)作。
目前，Renzo、ether.fi、Kelp DAO、Eigenpie、Swell、Puffer Finance等以太坊LRT項(xiàng)目的空投積分計(jì)劃引發(fā)了市場的FOMO情緒。在這些主流項(xiàng)目之外，重倉是否還有其他機(jī)會？在此，作者對Restake 做了一個(gè)短暫的盤點(diǎn)，共整理了47 個(gè)項(xiàng)目，以太坊Restake 協(xié)議有20 個(gè)，全鏈LRT 協(xié)議則有7 個(gè)。除EigenLayer 與以太坊相關(guān)協(xié)議、LRTFi、基礎(chǔ)設(shè)施外，工程師也整理了部分Cosmos、NEAR、Solana、比特幣、BNB Chain、Polygon、Berachain等其他公鏈Restake項(xiàng)目，以饗讀者。
重新抵押協(xié)議
特徵層
是否發(fā)幣：未發(fā)幣
支持質(zhì)押幣種：ankrETH、cbETH、wBETH、oETH、swETH、stETH、ETHx、osETH 等
是否積分積分累計(jì)：EigenLayer 積分
EigenLayer 是以太坊再質(zhì)押協(xié)議，也是再質(zhì)押變形的龍頭，支援 ankrETH、cbETH、wBETH、oETH、swETH、stETH、ETHx、osETH 等 LST 代幣，以太坊驗(yàn)證節(jié)點(diǎn)使用橋樑 ETHlama 再質(zhì)押。DefiLlama數(shù)據(jù)顯示，EigenLayer TVL已超20億美元，自12月18日漲超7倍。
近期，EigenLayer 推出 EigenLayer 和 EigenDA 的第二階段測試網(wǎng)，主網(wǎng)將於 2024 年啟動。第三階段將引入 EigenDA 外部的 AVS（主動驗(yàn)證服務(wù)），第三階段將於 2024 年進(jìn)入測試同時(shí)，EigenLayer 還該計(jì)劃為DApps 提供「共享安全」模式，該模式將允許協(xié)議透過利用公共以太坊再質(zhì)押池加入網(wǎng)路。此外，EigenLayer 上的以太坊再質(zhì)押金（目前超17 億美元） ）能夠同時(shí)提供給網(wǎng)路上開發(fā)的所有服務(wù)，以實(shí)現(xiàn)共同的安全機(jī)制。
2023年2月，EigenLayer背後團(tuán)隊(duì)EigenLabs完成5,000萬美元A輪融資，Blockchain Capital領(lǐng)投，Coinbase Ventures、Polychain Capital、Hack VC、Electric Capital、IOSG Ventures等參投，估價(jià)條款未揭露。
EigenLayer尚未發(fā)幣，但已推出「再質(zhì)押積分」，根據(jù)用戶再質(zhì)押時(shí)間與金額發(fā)放。目前，EigenLayer將再質(zhì)押開放窗口延期至2月6日至2月10日，並為所有LST取消上限。
海帶DAO
是否發(fā)幣：未發(fā)幣
支持質(zhì)押幣種：ETHx、sfrxETH、stETH
是否累計(jì)積分：是
Kelp DAO 是一個(gè)多鏈流動性質(zhì)押平臺，其創(chuàng)始人最初制定了流動性質(zhì)押協(xié)議 Stader Labs，Stader 在 Polygon 與 BNB Chain 上均是第二大 LSD 協(xié)議。根據(jù) DefiLlama 數(shù)據(jù)顯示，Kelp DAO TVL 現(xiàn)為 2.55億美元。
Kelp DAO 目前正在EigenLayer 上建構(gòu)LRT 解決方案，其再質(zhì)押代幣為rsETH，目前支援的LST 包括ETHx（Stader）、sfrxETH（Frax）和stETH（Lido）。用戶可將上述資產(chǎn)再質(zhì)押代幣取用rsETH ，reETH目前價(jià)格是各種獎勵(lì)與已質(zhì)押 LST 的基礎(chǔ)價(jià)格。rsETH 可用於其他 DeFi 協(xié)議。
目前，Kelp DAO 已激勵(lì)推出 Kelp Miles。Kelp Miles 用於追蹤用戶對 Kelp 的貢獻(xiàn)，並用於確定未來的獎勵(lì)分配比例。Kelp Miles 相關(guān)用戶的 LST 再質(zhì)押數(shù)量與質(zhì)押天數(shù)。中介 2023 年 12 月 12 日日至2024年1月1日質(zhì)押LST的用戶，可在未來3個(gè)月內(nèi)獲得1.25倍Kelp Miles。1月1日後質(zhì)押LST的用戶將照常獲得Kelp Miles獎勵(lì)。
另外，所有在EigenLayer上限關(guān)閉前在海帶上重質(zhì)押的用戶獲得EigenLayer積分的資格，該積分將根據(jù)用戶存入LST的數(shù)量進(jìn)行分配。
以太坊
是否發(fā)幣：未發(fā)幣
支持質(zhì)押幣種：ETH
是否累計(jì)積分：是
ether.fi 是一個(gè)流動性抵押平臺，已於 2023 年 11 月 15 日推出其流動性再質(zhì)押代幣 eETH，允許用戶抵押其 ETH 抵押貸款，並自動在 EigenLayer 中再質(zhì)押其 ETH，消耗用戶手動完成再質(zhì)押。eETH 可用於Pendle、Curve、Balancer、Maverick、Gravita、Term Finance、Smmelier 等DeFi 協(xié)議。用戶可將eETH 封裝成weETH，weETH 未來也可在Balancer、Gravita、Pendle、Aura、Maverick 等DApp，另外，另外ether.fi 取代Staders，可用於質(zhì)押eETH。根據(jù)DefiLlama 數(shù)據(jù)顯示，ether.fi TVL 現(xiàn)為5.07 億美元。
ether.fi 已推出忠誠度積分，eETH 或 weETH 持有者可 100% 獲得忠誠度積分與 EigenLayer 積分，忠誠度積分或?qū)⒂渺度ブ行幕卫恚豢赊D(zhuǎn)移。忠誠度積分 = 質(zhì)押的 ETH * 1000 * 質(zhì)押天數(shù)。
本徵派
是否發(fā)幣：未發(fā)幣
支持質(zhì)押幣種：swETH、wBETH、mETH、sfrxETH、rETH、stETH 等
是否積分積分累計(jì)：即將推出EigenLayer積分
Eigenpie 是多鏈?zhǔn)找鎱f(xié)議 Magpie 推出提供流動性再質(zhì)押服務(wù)的 SubDAO 組織，用戶可將其 swETH、wBETH、mETH、sfrxETH、rETH、stETH 等 LST 資產(chǎn)再質(zhì)押至 Eigenpie。自 1 月 28 日開放 LST 預(yù)窗口以來，TVL已超1億美元，現(xiàn)為1.16億美元，預(yù)開放至北京時(shí)間2月10日03:00。
Previously, on January 23, Eigenpie announced EGP token economics, with a total supply of 10 million, and allocations including IDO (40%), community incentives (35%), Magpie Treasury (15%) and early supporter airdrops (10% ). Eigenpie promises to introduce the EGP token through a fair launch, without the involvement of VC or pre-sale events, ensuring equal opportunities for all participants. The team waives the token allocation and allocates 15% of EGP tokens to the Magpie Treasury.
Eigenpie has now launched a point reward system. For every 1 ETH of LST deposited, users can obtain 1 Eigenpie point per hour. Depositors can earn 2x points 15 days before pre-depositing. The points can be used to obtain airdrops and participate in IDO.
Renzo
Whether to issue coins: No coins have been issued yet
Supported pledge currency: ETH
Whether to accumulate multiple points: Yes
Renzo is an Ethereum staking protocol built on EigenLayer. The mainnet was launched on December 18 last year and launched a native ETH re-staking function. Users can earn ETH re-staking income and 100% of EigenLayer points. For every LST or ETH a user deposits, an equal amount of ezETH will be minted. Renzo runs a distributed Ethereum validator infrastructure powered by Figment and P2P.org, with unlimited participation in EigenLayer. When users deposit native ETH, they must reach the minimum limit of 32 ETH before staking through the Ethereum beacon chain verification node. Renzo will also launch a Trade feature. According to DefiLlama data, Renzo TVL is approximately $155 million.
On January 16, 2024, Renzo completed a US$3.2 million seed round of financing, led by Maven11, with participation from OKX Ventures, IOSG Ventures, Figment Capital, SevenX Ventures, and others, with a valuation of US$25 million.
Renzo has now launched the points program ezPoints. Users holding ezETH can receive 1 ezPoints every hour, and early users will also receive rewards. Users who provide liquidity to the ezETH/WETH capital pool will receive 2x ezPoints rewards, and new users can also be invited to earn exPoints.
Puffer Finance
Whether to issue coins: No coins have been issued yet
Supported pledge currencies: stETH, wstETH
Whether to accumulate multiple points: Yes
Puffer Finance is a native liquidity re-pledge protocol built on Eigenlayer. The protocol is composed of pledgers and node operators (NoOps). Users holding 1 ETH can run the validator and retain 100% PoS rewards (including execution rewards with consensus rewards). NoOps can delegate the ETH in their validators to re-staking operators (ReOps) in exchange for re-staking rewards, and node operators (NoOps) can also choose their MEV strategy independently. Stakeholders can deposit any amount of ETH to obtain the native liquidity staking token (nLRT) pufETH. pufETH also uses Compound’s cToken mechanism, which is not only fully compatible with DeFi protocols, but the value of pufETH will increase as the protocol mints validator tickets (tickets) and PoS re-staking rewards.
Puffer's nLRT is also different from other LRTs in that nLRT can receive traditional PoS rewards and re-staking rewards, while other re-staking protocols only provide point rewards related to their native tokens.
Image source: Puffer Docs
On September 1, 2023, several Ethereum liquidity staking providers, including Rocket Pool, StakeWise, Stader Labs, Diva Stake, Puffer Finance, and Swell Network, committed (or are committing) to limit their holdings to no more than the total pledged amount 22%, designed to deal with the increasing concentration of the Ethereum staking market.
In August 2023, Puffer Finance completed a $5.5 million seed round, led by Lemniscap and Lightspeed Faction, and led by Brevan Howard Digital, Bankless Ventures, Animoca Ventures, KuCoin Ventures, DACM, LBank Labs, SNZ, Canonical Crypto, 33DAO, WAGMI33, Concave And angel investor Lightspeed partner Anand Iyer, Eigen Layer founder Sreeram Kannan, Coinbase staking business director Frederick Allen, F2pool and Cobo joint venture Shenyu, Curve core contributor Mr. Block, North American Blockchain Association President Ramble, Eigen Layer Chief Strategy Officer Calvin Liu, Obol Chief Commercial Officer Richard Malone, and staking community leader Ladislaus von Daniels participated in the investment.
On January 30, 2024, Binance Labs announced its investment in LSD protocol Puffer Finance. The specific investment amount was not disclosed.
Puffer Finance will soon open staking for ETH, stETH, USDT and USDC, and users will be rewarded with Puffer and EigenLayer points at the same time. In addition, Puffer Finance has launched the Crunchy Carrot event on January 30. Users can link their Twitter accounts and wallets, select "Family" and retweet event tweets to earn points and view the points ranking list. At present, Puffer Finance has ended the first phase of staking ahead of schedule, the second phase of staking has started, and TVL has exceeded $150 million.
Swell Network
Whether to issue coins: No coins have been issued yet
Supported pledge currency: ETH
Whether to accumulate multiple points: Yes
Swell Network is an Ethereum staking protocol that launched the restaking token rswETH (Restaked Swell Ether) on January 30 this year, providing uncapped access to EigenLayer Restaking points that can be used in DeFi while continuing to accumulate Restaking rewards. Currently, rewETH version 1.0 allows users to deposit ETH to earn rswETH and accumulate restaking rewards in the form of Pearls and EigenLayer Restaked Points. According to DefiLlama data, Swell TVL is $457 million and Swell Liquid Restaking TVL is $4.43 million.
On March 14, 2022, Swell Network completed US$3.75 million in financing, led by Framework Ventures.
Swell Network’s native token SWELL has not yet been launched, and token economics have not been announced.
Stakestone
Whether to issue coins: No coins have been issued yet
Supported pledge currency: ETH
Whether to accumulate multiple points: None yet
Stakestone is a one-stop full-chain LST staking protocol, benchmarked against Lido, which can bring native staking income and liquidity to Layer2. It not only supports the head staking pool, but is also compatible with re-staking and will integrate EigenLayer. StakeStone supports ETH beacon chain re-pledge and LST re-pledge, aiming to become the leading protocol on the re-pledge track.
According to DefiLlama data, in just 3 weeks from December 15, 2023 to January 3, 2024, StakeStone TVL surged from US$4.17 million to US$542 million, and the current TVL is US$669 million. StakeStone is also deeply involved in Manta’s incentive activities, providing $720 million in liquidity out of Manta New Paradigm’s $900 million TVL.
StakeStone’s native LST is STONE, which has been officially upgraded to full-chain LRT. STONE is an OFT based on LayerZero that can be seamlessly used in multi-chain liquidity markets through STONE-Fi, such as DEX, AMM, lending, stablecoins, derivatives, GameFi, SocialFi, etc. STONE does not use a rebase mechanism, but is similar to Lido's wstETH in terms of generating revenue. In other words, the number of STONE will not change with the changes in the income generated by ETH staking, but its value will increase with the increase in ETH staking income. This is similar to the utility of Puffer’s cToken model.
StakeStone has not issued coins yet, and the team is expected to launch airdrop-related activities. Currently, users can stake ETH in StakeStone and earn income from the STONE-Fi ecological protocol.
ClayStack
Whether to issue coins: No coins have been issued yet
Supported pledge currencies: ETH, rETH, stETH
Whether to accumulate multiple points: Yes
ClayStack, a liquidity staking platform, entered the Ethereum re-staking space on January 24 via EigenLayer. ClayStack has changed its Ethereum liquidity staking token called csETH to a restaking token and will use the Ethereum restaking protocol EigenLayer to provide the new service. Currently ClayStack supports ETH, rETH, and stETH to be pledged into the protocol. ClayStack TVL is now $3.96 million, according to DefiLlama data.
CLAY, the native token of ClayStack, will announce its issuance plan in February and will provide users with bonus points at a 1:1 ratio before the token is released. The total supply of CLAY is 100 million, and 5% of the tokens will be distributed to the community through the IGD (Initial Governance Diversification) program.
Users can stake ETH or LST to earn CLAY points and EigenLayer points without upper limit. During IGD, users can receive more CLAY rewards. As weekly ETH deposits increase, so will csETH demand and CLAY Points allocations will increase.
Inception
Whether to issue coins: No coins have been issued yet
Supported pledge currencies: stETH, rETH, ankrETH, cbETH, wBETH, oETH, osETH, swETH, ETHx, sfrxETH, mETH, etc.
Whether to accumulate multiple points: No
Inception is an isolated liquidity re-pledge protocol that supports the re-pledge of various LSTs such as stETH, rETH, ankrETH, cbETH, wBETH, oETH, osETH, swETH, ETHx, sfrxETH, mETH, etc., and issues isolated liquidity re-pledges. Collateral Tokens (iLRTs). iLRT can be used in DeFi protocols and remains isolated from the underlying LST.
Inception has been launched on the Ethereum mainnet, and its current TVL is $65,000. Inception will also expand to other Layer2 networks and integrate multiple DeFi protocols.
According to the roadmap, Inception will launch a private placement round of financing in the first quarter of 2024, launch the mainnet, launch TGE in the second quarter, and develop full-chain LRT. InceptionLRT will launch the native token ING. The current token allocation rules are: 2.5% tokens are allocated in the Pre-Seed round, 9% is allocated to the seed round, 10% is allocated to the private placement round, 6% is allocated to the treasury, and 6% is allocated to consultants , 3% is used for marketing, 15% is allocated to team members, and 48.5% is used for liquidity incentives.
Sommelier Finance
Whether to issue coins: Yes
Supported pledge currencies: e
