Staking - Sharing is Caring

Posts tagged with

staking(2)

Liquid Staking Is Easy to Enter. The rsETH Hack Reminded Me to Study the Exit.
In April, the Lazarus group, a cybersecurity organization sponsored by the North Korean government, exploited KelpDAO for about $292 million. The hacked used forged cross-chain messages to mint 116,500 unbacked rsETH and then use that asset inside DeFi lending markets. Note: rsETH, issued by Kelp DAO, is a liquid restaking token (LRT), that allows users to deposit their Ethereum staking assets (like stETH or ETHx) into EigenLayer and earn compounded yields. The exploit destabilized the DeFi ...

Staking ETH: A lay of the land
Greetings, readers! (or Gm, as we say in crypto). The purpose of this newsletter is to provide digestible breakdowns of complex protocols and product...

Sharing is Caring
Written by

Rika
Making crypto accessible and understandable for all.