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The protocol opened for deposits on June eleventh, and it absolutely was satisfied with Substantially fanfare and demand from customers: inside a mere 5 hours of going Dwell, a whopping forty one,000 staked wETH experienced now been deposited to the protocol - smashing in the Original cap!
At its
The very first fifty percent of 2024 has viewed the increase of restaking - protocols that enable staked property like stETH, wETH, osETH plus much more to generally be recursively staked to make compounding benefits.
Decentralized networks require coordination mechanisms to incentivize and ensur