Home Finance Crypto news What Is a Liquid Restaking Protocol, and What Are Liquid Restaking Tokens (LRTs)?

What Is a Liquid Restaking Protocol, and What Are Liquid Restaking Tokens (LRTs)?

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What Is a Liquid Restaking Protocol, and What Are Liquid Restaking Tokens (LRTs)?

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Besides the convenience of LRTs, the real draw for liquid restaking platforms recently has been “points” – a type of rewards that might entitle users to future token airdrops. While points have nebulous monetary value, they have given rise to an entirely new ecosystem of additional platforms, like Pendle, which let users maximize them through trading strategies that often involve high leverage.

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