Ethereum (ETH) restaking. XBANKING is the largest protocol of ETH restaking

XBANKING
2 min readMar 29, 2024

ETH Restaking and How It Works

Restaking involves reusing staked ETH to earn rewards.

Restaking is the ability to reuse ETH on the main Ethereum network or in liquid staking pools as wrapped tokens.

The most prominent advantage of Ethereum restaking is that it allows you to avoid the opportunity cost usually attached to ETH staking. Normally, when you stake your ETH, you can’t restake the already staked token again. You can’t exploit other new crypto staking opportunities and earn more staking rewards.

With Ethereum restaking, however, you don’t need to wait for the unlocking period to stake your already staked ETH again and even use it to gain access to other blockchain applications or as collateral.

XBANKING allows you to stake tokens: Lido ETH (stETH), Rocket Pool ETH (rETH), Coinbase Staked Ether (cbETH), Wrapped Beacon ETH (WBETH), Mantle Staked Ether (mETH), Ankr Staked ETH (ankrETH), Coinbase Wrapped Staked ETH (cbETH), Stader ETHx (ETHx), Staked Frax Ether (sfrxETH), ether.fi ETH (eETH), Origin Ether (oETH), StakeWise Staked ETH (osETH) and more liquid staked assets.

How to Restake Ethereum

  1. Visit XBANKING restaking protocol.

2. Go to APP (click start staking).

3. Select restaking pool.

4. Choose network, Connect wallet, Enter token amount, Confirm staking. Done!

Links:

Restaking: https://xbanking.org

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XBANKING

Staking. Restaking. Liquid & CLMM pools. XBANKING is a non-custodial platform lets you effortlessly stake on 140+ tokens. https://xbanking.org