The first ACM-boosted liquid restaking solution, delivering deeper liquidity, superior yields & stronger peg stability. Powered by @EigenLayer.
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Until now, the LRT market has been big on hype and short on technical innovation 🔬
Our latest Medium article explains how Rest addresses this with our Algorithmic Collateral Management (ACM) system, the first breakthrough technology in the LRT space 💻:
rest-finance.medium.com/algo…
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Eigenlayer is the next multi-billion-dollar growth opportunity within the Ethereum ecosystem.
Here's everything you need to know
🧵 👇
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In one click, mint restETH, start earning yield, collect LP fees, and rack up @eigencloud restaking points. Soon 💤💤💤
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Big news coming soon.
Rest Finance launch date to be announced on Monday 🤫
Keep notifications on 🔔
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Rest Finance will be the first tokenized liquid restaking solution to accept native ETH, whilst delivering deeper liquidity & superior yields 📈
📜 Have a browse of our intro article to discover how it achieves this:
rest-finance.medium.com/intr…
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Our docs just went live!
→ docs.restfinance.xyz/
Who knew sleep could look so good 💤 💤 💤
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How far can a single gwei go to maximize Ethereum's security?
RestETH is ready to put it to the test, whilst maximizing liquidity & rewards.
A deep dive into RestETH 👇
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Interested in Eigenlayer and RestETH?
Drop us a follow @rest_finance and we'll ensure you have first dibs.
*hint* engagement matters *hint*
Also, consider reposting our initial tweet to spread the word ↓
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So @eigencloud just hit one BILLION dollars in TVL, but how does it actually work, why is it so important, and how does restETH fit in?
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ETH staking yield looking a bit low right now.
If only there were a liquid restaking token with efficient tokenomics and optimized yield via a unique Algorithmic Collateral Manager👀
Soon. 💤 💤 💤
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EigenLayer deposits now reopening on 5th Feb and 200k ETH limit on LSTs being removed 👇
Rest Finance dApp will be launching before then and accepting both ETH and LST deposits🚀
We'll be announcing launch date early next week, so keep notifications on🔔
🚀 Major Update! As we near the mainnet launch, we're shifting gears. Our next cap raise is delayed by a week, ushering in a new phase for LSTs.
blog.eigenlayer.xyz/update-o…
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Think of Rest like the Shapella upgrade for @eigencloud, tokenizing Ethereum's security as you've never seen it before.
But wait, we've already said too much 🤫
Our in-depth thread on RestETH is coming soon!
In the meantime get some rest and drop us a follow ⬇️
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Here's a visual representation of the ACM mechanism that positions restETH to deliver higher yields and deeper liquidity than current LRTs 👇
Now, let's unpack how it all works 🧵
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The race is on to deliver the highest yield LRT 🏁
Whilst other LRTs rely solely on unsustainable emissions and bribes, Rest Finance has a unique technical innovation for delivering superior APRs 📈
Introducing: the Algorithmic Collateral Management (ACM) mechanism 🧵
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The liquid restaking sector has a liquidity problem.
Current LRTs are failing to generate enough liquidity to support long-term utility.
Rest Finance has a solution.
Read all about it here:
medium.com/@rest-finance/alg…
Rest easy 💤
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Nice overview of the nascent LRT sector👇
But they’re going to need to add a column for Algorithmic Collareral Management soon ⏱️
Rest is the only one to tick it and that’s why we have the edge ✅
Rest easy with the first 2nd-generation LRT 💤
Hot Alpha Projects by Liquid Restaking Finance ⚡️
1. EigenLayer - @eigencloud
2. Kelp DAO - @KelpDAO
3. ether .fi - @ether_fi
4. Renzo - @renzoai
5. Swell - @swellnetworkio
6. Restake Finance DAO - @restakefi
7. Genesis - @Genesis_LRT
8. Rest Finance -@rest_finance
9. Supermeta Restaking - @supermetafi
10. Inception - @InceptionLRT
11. Astrid - @AstridFinance
12. Rio Network - @RioRestaking
13. Agilely - @agilely_io
14. Ion Protocol - @ionprotocol
🔗Compiled by @TKVResearch
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Rest easy… @eigencloud is getting even more secure🔒
It’s demonstrating itself to be a project with a long-term vision 👁️
That’s why Rest is building for the long-term too, with the first ACM-boosted LRT 💤
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ACM > Liquidity
Liquidity > Utility
Utility > Integrations
Integrations > Adoption
restETH’s path to LRT domination is pre-programmed.
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With the rise of @eigencloud, modular blockchains promise to be one of DeFi's biggest narratives in 2024 🧱
Let's take a look at what all the fuss is about and how Rest Finance will be capitalizing on this trend 🧵
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We conducted a detailed market review, which suggests that current LSTs depeg by 1%, at least 11 times a week 📉
If LRTs follow the same trend, then there will be a serious utility issue.
The Rest ACM solves this, providing a novel mechanism for peg stability ✅
Rest easy 💤
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The liquid restaking market has a liquidity problem 🌊
Current LRTs are not generating enough liquidity to support longterm utility.
Rest's ACM solves this ✅
Get ready for big news soon as we announce the launch of DeFi's first ACM-boosted LRT 🚀
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Standalone LRTs have a ceiling on their real yields, which rely solely one restaking rewards.
Rest's ACM shatters that ceiling 🚀
Our goal is for the ACM to boost yields by 3-4%, which would be a ∼50% uplift on typical LRT yields.
We're different from the rest 💤
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1st-generation LRTs do little more than pass on restaking yields from Eigenlayer and make them liquid 👎
restETH is the first 2nd-generation LRT, adding genuine value by injecting a new source of yields through our unique ACM system 📈
Product innovation will win the day ...
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We just cruised past 1000 followers 🚢
And we're just getting started.
Stay tuned for some exciting announcements soon on the first tokenized liquid restaking solution to accept native ETH 🔔
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According to a recent report, the restaking market is projected to be worth $25bn 📈
blog.stratos.xyz/articles/ho…
As the first liquid restaking solution to accept native ETH, whilst offering deeper liquidity and superior yields, Rest Finance is positioned to dominate 💧
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Current LRT projects all rely on the same cut-and-paste formula ✂️
Based entirely on restaking yields + unsustainable emissions 📉
Rest is different from the Rest 💤
Our novel ACM system increases yields and deepens liquidity.
Read more about it here:
docs.restfinance.xyz/overvie…
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Superior yields ✅
Deeper liquidity ✅
Stronger peg stability ✅
Rest Finance's Algorithmic Collateral Management (ACM) system ensures that our LRT, restETH, has all these features.
We're not like the rest 💤
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Last week, we talked about how Rest's Algorithmic Collateral Management (ACM) mechanism can drive superior yields vs other LRTs 📈
But that's not the only benefits it brings
Today let's talk more about how the ACM also delivers deeper liquidity, and why that's important 🧵
The race is on to deliver the highest yield LRT 🏁
Whilst other LRTs rely solely on unsustainable emissions and bribes, Rest Finance has a unique technical innovation for delivering superior APRs 📈
Introducing: the Algorithmic Collateral Management (ACM) mechanism 🧵
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After Ethereum switched to Proof-of-Stake (PoS), billions in staked $ETH quickly became liquid and could find new homes.
This opened up a whole new niche in DeFi and is now the largest category in DeFi, totaling $30bn.
Now enter, @eigencloud⬇️
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LRTs, LSTs, modularity… Rest sits at the centre of all of the top 3 narratives here👇
Now just wait until they hear about Algorithmic Collateral Management 🤫
Curious about the next BIG crypto narrative? 📖
Check out our roundup of the top 11 narratives for 2024, including restaking, blockchain modularity, and more ⬇️ coingecko.com/learn/crypto-n…
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As innovative as Eigenlayer is, it's illiquid, limiting how far we can stretch each ETH within DeFi.
Enter restETH, a liquid ERC20 token representative of restaked ETH.
The goal?
Maintain our depositor's liquidity while maximizing their staking rewards.
How? 👇
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Thanks for making it this far!
We're close to our MVP so if you're interested in how RestETH can liquidity DeFi whilst keeping Ethereum secure, drop us a follow @rest_finance and spread the word!
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If you would like to learn more about EigenLayer and what it's doing it boost Ethereum's security, we've got you covered!
If you want to dive deeper into how we're positioned to help them achieve their vision, our docs just went live!
→ docs.restfinance.xyz/backgro…
Eigenlayer is the next multi-billion-dollar growth opportunity within the Ethereum ecosystem.
Here's everything you need to know
🧵 👇
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The goal of Rest Finance is to maximize the integration of restETH across DeFi; in DEXs, lending markets, as a margin currency for perps and options...the opportunities are endless!
The more integrations built for restETH, the less the opportunity cost of EigenLayer deposits.
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We'll be revealing more soon, including details of our public pre-sale.
In the meantime, you can discover more about Rest Finance by having a browse of our docs at docs.restfinance.xyz/ or reading our intro article at: rest-finance.medium.com/intr…
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In a nutshell, @eigencloud is a protocol on Ethereum allowing the restaking of ETH to validate new Actively Validated Services (AVS).
This means a single gwei is simultaneously securing multiple networks at once, expanding on the year-old Shapella upgrade.
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Genuine technical innovations like these are what give restETH its edge over copy-and-paste LRTs projects.
So get ready for a future of high yield, deeply liquid, infinitely scalable LRTs.
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Actively Validated Services is a fancy term for any blockchain or protocol that requires Eigenlayers validation services
Validation services are what keep your favorite dApps permissionless and decentralized
Sounds good, but how does the Rest protocol make this even better?
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That's all for today lads! As always, stay tuned and follow us @rest_finance to stay up to date on new updates and launch timelines! We'll be opening our Discord this coming week, so make sure you don't miss it!
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RestETH is a liquid restaking token complementary to @eigencloud, expanding on their initial vision of:
→ expanding the capital efficiency of validators
→ increasing security for new decentralized products.
Rest converts your Eigenlayer deposits into liquid tokens.
But why?
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In summary:
restETH supports EigenLayer users by:
• Eliminating the choice between restaking and wider DeFi
• Minimizing the individual claiming fees of each user
• Reducing slashing risks with bluechip validators
& so much more we're yet to discuss!
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restETH is a wrapped version of restaked ETH, similar to how Lido's stETH is a wrapper around beacon-staked ETH.
That's not all! restETH's collateral has one unique attribute other LSTs do not.
→ Only 90% of the collateral is being restaked, with the rest remaining in the ACM.
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Because all ETH restaked on Eigenlayer is automatically illiquid, it reduces the composability of assets within the rest of DeFi.
RestETH taps into the best of both worlds.
Maximum staking rewards, maximum liquidity, maximum opportunity.
Easy to say, but how do we do it?
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Restaking doesn't just mean greater yields, it will also deliver greater security👇
Rest Finance is proud to be at the forefront of a higher-yield, more secure future for Ethereum.
EigenLayer plans 'shared security' model for dapps theblock.co/post/273732/eige…
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The the ACM is Rest Finance's novel liquidity management product.
It works by taking 10% of all ETH deposits used to mint Rest's native LRT, restETH, and then using those assets to profit off arbitrage.
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So, instead of being just another copy-and-paste LRT, Rest's ACM creates a brand new yield-mechanism for liquid restaking, positioning it to deliver increased APRs.
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The Algorithmic Collateral Manager (ACM) is a contract designed to manage Concentrated Liquidity Positions.
By allocating 10% of user deposits to the ACM means that the protocol can use those assets to provide liquidity, paired against surplus restETH that the protocol mints.
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This arbitrage profit forms a component of restETH yield, along with yield earned by the LP position.
Together these additional yields provide Rest with a competitive advantage over LRTs that rely only on emissions, bribes and the inherent yields of deposited LSTs.
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This provides 2 key benefits to the user and the protocol:
1. LP fees from the ACM's Uniswap v3 position boost user rewards, delivering higher yields.
2. The ACM delivers a constant source of deep liquidity to ETH / restETH pairs.
All whilst ensuring long-term supply parity.
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Our ACM system is core to building and maintaining deep liquidity for restETH.
For restaking tokens to be a useful addition within the DeFi ecosystem, they must be able to be utilized.
Deep liquidity and utilization go hand in hand.
But wait, there's even more benefits 👇
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Deep liquidity means Rest users can:
• By-pass the usual 7 day EigenLayer unstaking period
• Benefit from low-slippage exits which cost normal users a chunk of their yield.
Staking should be for everyone, not just the whales.
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Although it may appear like there is 1 ETH of bad debt, it is contained within the ACM and can be eliminated, alongside the LP position, at any time.
→ The remaining 90% of the ETH deposit is restaked w/ Eigen.
If withdrawn, the extra restETH is burnt, rebalancing the supply.
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Our ACM system is inspired by @fraxfinance's frxETH, which we tout as a worthwhile peer.
We're currently in the works of having all our contracts audited for the peace of mind of our investors.
Rest assured we will update you with the results!
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The below example shows the process simplified.
We've put together a full example of how the ACM system works in our docs:
→ docs.restfinance.xyz/overvie… 💤
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You can find out more about the details of how the ACM works in the ACM section of our docs:
docs.restfinance.xyz/overvie…
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STEP 1: Rest Finance user deposits, for example, 10 ETH into the Rest protocol and receives 10 restETH in return.
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The arrival of @eigencloud provides a simple solution for Layer 2s and other Actively Validated Services (AVS) to do this.
EigenLayer achieves this by allowing AVSs to use Ethereum’s robust validator network for their own security.
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If you look very closely at the portion of the iceberg below the surface in this image, you can see Rest's ACM emerging from the deep liquidity of the ocean 🌊
The first genuine product innovation in the LRT space arrives this week 📅
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On top of staking and restaking yield, restETH holders automatically earn oREST, a perpetual option on REST that entitles users to automatic redemption at a discount to market rate in exchange for being a valued user of the protocol. (thread coming soon!)
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To find out more about Rest Finance's new tokenized liquid restaking solution, have a read of our intro article here:
rest-finance.medium.com/intr…
Or take a look at our docs: docs.restfinance.xyz/backgro…
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This makes it the best way for DeFi users to capitalize on 2 of DeFi's hottest trends: liquid restaking and modular blockchains.
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