Staking is good but restaking is just better

[Gem hound]

I was reading though a project named Zircut that is supposedly the "The world's first multi-asset liquid restaking protocol". I'm not going to like, at first I didn't know what restaking meant but ChatGPT came to tehe rescue as usual and I was really impressed by the new concept. All this started from just seeing the project's token, ZRC, and now I have a whole lot of research ahead of me because this new concept is quite interesting. Still, I tabled this here for a reason, if anyone has knowledge about this project or the resatking concept and how it really works drop a comment, let's all learn. Tq

[joniboini]

You don't have to make a new thread about restaking since many threads are discussing it. You can find one of them just below your new thread. If your goal is to promote that new project you don't have to make a new thread too. Most of the threads I'm talking about discuss restaking in general, not limited to one project. I also don't think you rely solely on ChatGPT for definitions. Some of them are misleading or taken from unreliable sources. At the very least crosscheck it with another source so you don't get misled by them.

[ABCbits]

Yet another thread that should've posted on "Incentivised Posting / Shill" board. Anyway, unless this Zircut released before EigenLayer does, it means team behind it is lying about being the first.

And while i've seen some people about restaking, they usually talk about profit from airdrop rather than restaking APY rate or possible risk.

[Zisanan]

Yet another thread that should've posted on "Incentivised Posting / Shill" board. Anyway, unless this Zircut released before EigenLayer does, it means team behind it is lying about being the first.

And while i've seen some people about restaking, they usually talk about profit from airdrop rather than restaking APY rate or possible risk.

Hmm, I saw somewhere that Zircuit launched its staking program as part of its ZK rollup ecosystem, integrating restaking with incentives like Zircuit Points and migration rewards for its mainnet. Also, it focuses on combining staking with rollup-based scalability and security, while EigenLayer does that by purely extending Ethereum's security to external applications through restaking establishing itself as the first dedicated restaking protocol.

Anyways Zircuit has been in space. They've recently given fairdrop to 200K eigen users and currently having launchpool, hence that's why it's being discussed now here.
so no surprise when you see some common things being discussed and getting bumped.