Liquid Restaking Token (LRT)
A token you get when restaking that represents your position. Lets you use your restaked crypto elsewhere while still earning rewards.
Example
Depositing stETH into EtherFi and getting eETH back. You earn restaking rewards AND can use eETH in DeFi apps.
Related Terms
Advanced Concepts
⚙️How It Works
- 1
Deposit
Stake your ETH or LST with an LRT protocol
- 2
Receive LRT
Get a liquid token representing your restaked position
- 3
Earn Rewards
Accumulate staking + restaking rewards
- 4
Use in DeFi
Trade, lend, or LP with your LRT
⚖️LRT Providers
| Feature | ether Fi | renzo | puffer |
|---|---|---|---|
| Token | eETH/weETH | ezETH | pufETH |
| TVL | Highest | High | Growing |
| Points | Yes | Yes | Yes |