Mike Silagadze is the Founder and CEO at ether.fi.
In this Quick Hit, we discuss the recent restaking mania on EigenLayer including how many of us are playing for the EigenLayer airdrop. Mike explains what is liquid restaking and the benefits of their new LRT (liquid restaking token) eETH which grew to over $ 100M in deposited ETH in less than 1 month since launching.
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Timestamps
0:00 - Intro
3:31 - ether.fi and liquid restaking tokens (LRTs) explained
8:05 - Irony of locking up LSTs in EigenLayer
13:11 - How EigenLayer will work once live
16:01 - Why eETH is now the only way to deposit into EigenLayer
21:47 - What's next with EigenLayer
25:55 - Minting eETH and DeFi with eETH
28:24 - Closing
🔗 Guest Links 🔗
► ether.fi Website: ether.fi
► ether.fi app with referral bonus of 100 ether.fi loyalty points per 0.1 ETH staked: app.ether.fi/eeth?address=0x2f71129b240080C638ac8d993BFF52169E3551c3
► ether.fi on Twitter: twitter.com/ether_fi
► Mike on Twitter: twitter.com/MikeSilagadze
🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: fourthrevolution.capital/
All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.