DeSyn Launches ETH Restaking Fund I(3x Points) to Shape the Future of DeFi
After a period of tranquility, the Ethereum ecosystem is gradually regaining momentum with the rise of the Restaking. As seasoned DeFi participants, DeSyn has consistently focused on developing the Ethereum network.
The DeSyn ETH Restaking Fund I (3x Points)
DeSyn announces the launching of the DeSyn ETH Restaking Fund I(3x Points), dedicated to participating in this industry revolution alongside ecosystems such as Eigenlayer and Renzo, collectively shaping the future of DeFi.
An Introduction to the Fund
The DeSyn ETH Restaking Fund I(3x Points), drETH in short, is an open-end fund product introduced by Little Frog, a professional decentralized asset management DAO organization based on the infrastructure of the DeSyn platform. This fund integrates DeSyn and two other highly acclaimed restaking platforms, Eigenlayer and Renzo, offering users the ability to stake ETH, stETH, wETH, and ezETH.
How to Restake?
Users can navigate to Desyn’s website and select the “restaking” option to access the DeSyn ETH Restaking Fund I (3x Points) issue. Upon selection, users have the opportunity to acquire drETH, associated with the potential of triple returns.
Enhanced Incentives through Triple-Point Staking with DeSyn
Opting for the fund not only grants potentially basic LST and LRT returns but also yields triple points from Eigenlayer, Renzo, and DeSyn. Starting from February 6, 2024, any user participating in this Fund can earn corresponding points, dependent on the staking amount and duration.
EigenLayer: Elevating Ethereum Security through Restaking
EigenLayer is a protocol built on Ethereum that introduces restaking, a new primitive in crypto-economic security. Users can opt-in to EigenLayer smart contracts to restake their ETH or LST and extend crypto-economic security to additional applications on the network to earn rewards.
Renzo: Pioneering Restaking on the EigenLayer Mainnet
Renzo is the first restaking protocol to launch on the EigenLayer mainnet, offering users the ability to deposit Liquid Staking Tokens (LSTs) and native ETH deposits for additional rewards.
About DeSyn
DeSyn Protocol is a decentralized asset management infrastructure on Web 3 that empowers users to create and manage customized portfolios with various on-chain assets via smart contracts.
Hot Take: DeSyn Launches DeSyn ETH Restaking Fund I to Revolutionize DeFi
DeSyn is taking part in the Ethereum ecosystem’s resurgence by introducing the DeSyn ETH Restaking Fund I(3x Points), along with Eigenlayer and Renzo. This fund allows users to stake various assets on the DeSyn platform, earning triple points from Eigenlayer, Renzo, and DeSyn. With enhanced incentives and the aim to shape the future of DeFi, DeSyn is providing users with an opportunity to maximize their returns. Through partnerships with innovative platforms like Eigenlayer and Renzo, DeSyn is contributing to the evolution of Ethereum security and unlocking new possibilities for staking rewards. As a decentralized asset management infrastructure, DeSyn continues to drive innovation and empower users in the Web 3 ecosystem.