Restake Development Update 🛠🥩
This week's development update comes to us with a full line of upcoming protocol enhancements, partnership integrations, and roadmap achievements. 👇
Governance:
Restake Finance will not use Snapshot for Governance decisions — we will have a custom built DAO, with proposals that are 100% enforceable on chain
DAO smart contracts are finished (we have deployed them on testnet and are currently testing them)
We are now in the process implementing the proposal creation flows in the frontend app
Staking rewards will become claimable soon
Governance staking rewards will be visible in the Dashboard
Staking and Locking your balance will give you the option to select a lock duration between 45 & 180 days
Restaking app:
Finalized contracts that allow ETH zaps directly into rTokens
UI and Frontend work to integrate the flows into the app is in progress
Other:
LayerZero integration for RSTK is in progress
We have listened to the community feedback and have now switched from manually requesting EigenLayer withdrawals, they are now automated to minimize time spent queuing for withdrawals
To offer more feedback and transparency into what happens with the system — a management console dashboard is in development. This will offer users transparency into all housekeeping processes
Users will be able to see when Restake deposits and withdrawals are placed, and processed
Users will be able to see when EigenLayer deposits and withdrawals are placed, and processed
Users will be able to see what their place in the withdrawal queue
More info and screenshot teasers coming soon
--
As the LRT space heats up, Restake is focused on building the best product we can, while taking in feedback from the community. Please continue to share in our Discord channel. Though we might not respond to every message, we are paying attention to all feedback!
Time to Restake 🔄🥩