#Bitcoin_Coneference_2024
Many people don’t understand: What does Ethereum’s liquidity re-staking agreement TVL mean? Let me explain it to you!
Liquidity re-staking agreement: Traditional staking mechanisms usually require assets to be locked to ensure the security of the network. ReStaking allows pledgers to re-stake pledged assets to other blockchains or protocols, thereby achieving multiple uses of the same asset and improving the efficiency of capital use) In simple terms, it is a sum of money to obtain multiple pledge income.
In layman’s terms, loans, mortgages and re-loans are used to improve the utilization rate of funds. So what does the reduction of ETH’s re-staking agreement mean? Simply put, everyone is not optimistic about re-staking, and thinks that the risks are higher than the profits, so they have withdrawn liquidity! ! !