EigenLayer Restaking
Restaking with EigenLayer
What is EigenLayer restaking?
Read more about EigenLayer and Kiln here.
Liquid Staking Token (LST) Restaking
Restaking of LSTs with EigenLayer is available via the Kiln dApp.
Native ETH Restaking
Restaking of native ETH is available in the Kiln dApp.
How to stake liquid staking tokens (LSTs)
In the Kiln dApp go to "EigenLayer > Restake".
You can restake the following LSTs into EigenLayer pools via the Kiln dApp:
cbETH, osETH, ETHx, wBETH, stETH, rETH, ankrETH, oETH, swETH, mETH, sfrxETH, Eigen.
Choose the LST to restake, enter the amount, and click 'restake'.
Approve the transaction(s)
What are the fees for restaking?
Right now there are no fees for simply depositing and restaking your LST. You are free to withdraw at any time.
You still pay gas fees for the deposit and withdrawal transactions.
What happens when I restake my LST via Kiln?
With Liquid Restaking, the LST tokens are transferred to EigenLayer smart contracts. The tokens are held in the smart contracts and you can withdraw at any time.
How to view restaked positions
You can see an overview of all your restaked positions at "EigenLayer > Portfolio"
Restaking rewards
EigenLayer deposits will not yet receive any staking rewards. When EigenLayer is launched on mainnet (expected March / April 2024), users will have the ability to redelegate their LSTs to receive additional rewards.
Restaking points
By depositing your LST to the EigenLayer pools you will accumulate restaking points, reflecting your contribution measured by the staked ETH amount over time.
Unstaking and withdrawals
You can request to unstake your LSTs at any time.
All funds unstaked from EigenLayer go through a 7-day escrow period before being able to be withdrawn. After you initiate the withdrawal, you must wait 7-days before being able to withdraw your assets.
To unstake or withdraw, go to "EigenLayer > Withdraw" to initiate the unstake process.
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