Restake Finance rstk #4958

$0.01068952

0.64% (1d)

Market Cap

$408.9K

BTC Price

FDV

$1.1M

Vol24h

$622.2

Circulating Supply

100M rstk

Total Supply

100M rstk

Info

Website
Website Whitepaper
Community
Algorithm
Proof Type
Block Reward

0
All Time High

$2.80
ATL Date

01/11/2024

The current price of Restake Finance is $0.01068952 in USD. As of now, a total of 100M rstk are in circulation across the market. Restake Finance has experienced a price change of 0.64% in past 24 hours. To explore more cryptocurrencies, please visit here. messages.Over the past 24 hours, Restake Finance trading volume on crypto exchanges has reached $622.2.

- Changelly
- Crypto.com

Description

Restake Finance, symbolised by its token RSTK, operates within the Ethereum restaking space, allowing the simultaneous staking of Ethereum (ETH) across various platforms. It employs a decentralised approach to rehypothecation, utilising LSTs like stETH as security for its services. Participants deposit LSTs and receive rstETH in return, symbolising their input to EigenLayer. This process is managed by DAO-governed smart contracts, enabling earnings from both EigenLayer and Ethereum staking. RSTK is crucial for governance and providing income to its holders, with a fee applied to all EigenLayer refunds, which is then shared among RSTK token holders.

rstk Markets

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