Liquid restaking involves securing additional yield, or rewards, on natively staked ether. Ether.fi currently offers 3.92% and loyalty points across EigenLayer. The points will eventually be convertible to token airdrops. The liquid restaking market has soared since December, with EigenLayer’s total value locked (TVL) rising to $10 billion from $250 million, data from DefiLlama shows.
China’s Leading Blockchain Advocate Faces Investigation
Yao Qian, a prominent ‘pro-blockchain official’ in China, is under investigation by Chinese authorities for undisclosed “violations of law.” The...