StaFi Enhances Developer Freedom with LRT Integration

StaFi, a staking infrastructure provider, has integrated Liquid Restaking Token (LRT) into its Liquid-Staking-as-a-Service (LSaaS) stack.

StaFi, a staking infrastructure provider, announced that its Liquid-Staking-as-a-Service (LSaaS) stack now supports the Liquid Restaking Token (LRT).

“Liam Young, the founder of StaFi, said that the integration of LRT into the company’s Liquid-Staking-as-a-Service represents a significant milestone for developers, giving them the freedom to develop restaking products leveraging shared security across multiple chains.” Working with LRT used to be difficult and time-consuming.

StaFi’s LRT Stack streamlines the process, shortening time to market and giving developers the confidence to innovate knowing that liquid staking provides cryptoeconomic assurances.

LSaaS is a framework that enhances the adaptability and effectiveness of staking processes. Using Layer 1 and Layer 2 platforms and staking models, developers can create liquid staking derivatives (LSD) and LRT.

Following EigenLayer’s mainnet launch, LRT support is now available, enabling developers and project teams to use LRT on LSaaS. This significantly increases the accessibility of dining services and boosts the effectiveness of LRT development.

The LRT stack encompasses a range of functions, including restaking, unstaking, withdrawals, minting or burning LRTs, delegation or undelegation of restaking operators, and restaking pools.

To facilitate the formation of the LRT and ETH pair, the market will swap Actively Validated Service (AVS) restaking awards for ETH. EigenLayer’s update will significantly enhance these features. As a result, developers and LRT operators will be able to incorporate these features into their LRTs.

EigenLayer LRT remains compatible with Karak and BounceBit LRT, as well as the LSaaS Stack application. In addition, plans include adding support for Bitcoin LRT in future releases.

The Ethereum network created a restaking protocol known as EigenLayer. Those who are directly or indirectly staking ETH through LST can interact with EigenLayer smart contracts to restake their ETH or LST and provide more cryptoeconomic security to other network applications, hence providing users with additional incentives.

StaFi 2.0 Upgrade Will Change The StaFi Ecosystem By Moving The Protocol To The LSD Infra Layer

StaFi is a multi-chain liquid staking system that enhances the liquidity of staked assets. It aims to solve the problem of how to balance Proof-of-Stake (PoS) consensus token liquidity with mainnet security. It also enables users to actively participate in on-chain activities while staking their tokens, without having to manage infrastructure or lock their assets.

Only one month after LSaaS was first introduced, the latest integration was made available along with the StaFi 2.0 roadmap, which lists the LRT Stack as one of its upcoming features. As part of the StaFi 2.0 update, the protocol will function as an LSD Infra Layer instead of just being a multi-chain LSD protocol.