EigenLayer Restaking
Last updated
Last updated
Read more about EigenLayer and Kiln here.
Restaking of LSTs with EigenLayer is available via the Kiln dApp.
Restaking of native ETH is available in the Kiln dApp.
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)
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.
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.
You can see an overview of all your restaked positions at "EigenLayer > Portfolio"
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.
By depositing your LST to the EigenLayer pools you will accumulate restaking points, reflecting your contribution measured by the staked ETH amount over time.
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All funds unstaked from EigenLayer go through a 7-day escrow period before being able to be withdrawn.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.
