Restaking Emerges as Ethereum’s Second Largest DeFi Sector: Report

A recent report by Coinbase Research uncovered that restaking has emerged as the second-largest sector in decentralized finance on Ethereum.highlights EigenLayer’s restaking protocol as an important component for new services and middleware on the Ethereum network, potentially offering significant ETH rewards for validators in the future. consensus mechanism is the largest economic security fund in the crypto space, with nearly $112 billion.

The report predicts initial earnings from EigenDA by comparing it to Ethereum’s blob storage expenses. Major Layer-2 solutions currently spend about 10 ETH daily on blob transactions. If EigenDA experiences similar usage levels, the projected yearly restaking rewards of around 3.5k ETH will amount to roughly 0.1% in additional earnings.While introducing AVSs can strengthen Ethereum’s ecosystem, it also comes with challenges.

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