Challenges with Restaking Protocols

The rapid growth of restaking protocols within the EigenLayer ecosystem has been a boon for users, offering a diverse range of options and strategies. However, this abundance of choices has also introduced new challenges:

• Decision Fatigue: Evaluating multiple platforms with varying features, risk profiles, fee structure, and yield projections can be overwhelming, leading to decision fatigue. Users are faced with the daunting task of comparing and contrasting a multitude of options, often without clear guidance.

• Fragmentationj: Fragmented liquidity across numerous LRTs hinders seamless engagement on DeFi platforms across chains.

• Yield-searching Hurdles: To maximize yield, you need to choose where to deposit you LRT among the multiple platforms that are available. You need to weight different parameters like yield offered, risks involved, duration of token lock, etc. before taking this decision. This process requires a lot of time and effort at your end.

These challenges highlight the need for a solution that consolidates all the restaking protocols under one umbrella and optimizes the restaking experience for the user. Such a solution should give users access to diversified rewards, by opening up new yield-generating avenues, and reducing LRT fragmentation in the L2s.