Why Restaking Could be the Much Needed Solution to Bridge the Gap in DeFi Liquidity
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 15 2024DeFi Innovations and Challenges: Decentralized Finance (DeFi) has transformed financial services through automated smart contracts, but faces challenges in achieving mass adoption, particularly due to liquidity issues and ecosystem fragmentation, with a total value locked of only $82 billion compared to the $111 trillion market cap of global stocks.
Restaking as a Solution: Restaking allows users to maximize capital efficiency by redeploying staked assets across multiple protocols, enhancing liquidity and supporting more DeFi projects. Initiatives like liquid restaking and universal restaking layers are emerging to bridge liquidity gaps and facilitate cross-chain support within the DeFi ecosystem.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
