Restaking explained

Restaking allows staked $ETH used in securing Ethereum to also secure other networks, while giving Ethereum stakers additional yield on top of their $ETH staking rewards.

Restaking is not just an investment opportunity or a new financial primitive. Restaking is the path to open innovation on Ethereum. It is the solution for the cold-start problem encountered by new chains or other Actively Validated Services (AVSs) that require consensus. Restaking represents a sustainable, systemic innovation.

Restaking will not be a winner takes all space - no single entity can effectively cater to the needs of all AVSs, who are the original drivers of market value and thus yield. That in turn is not only expensive to do for each individual player, but also highly inefficient from a macro-perspective - platforms have to build individual integrations with all the restaking base protocols individually, which means that these players are effectively duplicating the work of building infrastructure connecting them to restaking. In fact, those same connections could apply to all platforms.

That's why Byzantine Finance aggregates and simplifies access to a wide diversity of restaking protocols.