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The re-staking craze spreads to Solana! News: Jito and other 6 teams are planning

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Release: 2024-05-03 08:00:16
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The re-staking craze spreads to Solana! News: Jito and other 6 teams are planning

This site (120bTC.coM): The craze of cryptocurrency re-pledge is gradually spreading from Ethereum to Solana (SOL). Foreign media "CoinDesk" quoted people familiar with the matter as saying that Solana-based staking project Jito is building a re-staking service, and even other project teams within the Solana ecosystem also want to join the re-staking battle.

After in-depth investigation by "CoinDesk", it was found that at least 6 teams are currently planning to build the Solana re-pledge service. In addition to Jito, they also include Solayer Labs, Cambrian, Picasso, DePHY and Repl. These projects are all looking forward to It is possible to replicate the success of EigenLayer, the leader of Ethereum re-staking, within the Solana ecosystem.

The report pointed out that Solana’s re-staking field is still in its infancy, so much so that major protocol developers and even influential Solana Foundation insiders have said that they have not yet deeply researched attempts to bring re-staking Companies that introduce the Solana ecosystem.

Jito Labs CEO Lucas Bruder said, “The re-staking craze continues to heat up, it’s a bit like a gold rush,” but he declined to comment on the company’s related plans.

On the other hand, Cambrian plans to launch a re-staking network, online points program and currency issuance at the end of the second quarter or the beginning of the third quarter. Cambrian founder Gennady Evstratov said that the team is finalizing US$2.5 million in financing, and three investors said the valuation is about US$25 million.

As for Solayer Labs, which has not yet been launched, it is also formulating a multi-stage points plan. According to reports, depositors in the first phase of Solayer will have two weeks to deposit any amount and will receive three times the number of points in subsequent rounds.

Three VCs familiar with the situation said that Solayer Labs recently hoped to complete a US$8 million seed round of financing at a valuation of US$80 million. Polychain Capital led the investment with US$4 million, and Solana founder Anatoly Yakovenko also participated in the investment. .

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source:120btc.com
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