Liquid Staking and Restaking Garners Popularity Amid Value Proposition to Scale Tokens Utility
Liquid staking has garnered popularity alongside restaking owing to the inherent value to scale the staked tokens’ utility. The segment data by DEFi Llama shows that liquid staking now has over $53 billion in total value locked (TVL). Also, the restaking protocols have witnessed sustained growth in their TVL to $14 billion in barely 12…