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Exploring Liquid Staking and Restaking Protocols in DeFi

A DeFi staking platform is a decentralized application that enables users to lock or stake their cryptocurrencies in a blockchain network to earn passive rewards. These platforms are built on the proof-of-stake (PoS) mechanism, where staked tokens contribute to securing and validating the networku2019s operations. The users earn rewards, mostly as additional tokens or benefits befitting the staked assets. The crypto staking platforms rely on smart contracts and operate without intermediaries.

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Exploring Liquid Staking and Restaking Protocols in DeFi

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