Row 73713

Row ID: 73713 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 73713 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Restaking is primarily to provide security to off-chain applications. On-chain applications already inherit the crypto-economic security from the L1 or L2 they’re on, but off-chain applications don’t inherit this. They don’t benefit from the security provided by staked tokens.

So with restaking, you’re basically extending the security of a blockchain to applications like oracles and bridges.

With single chain restaking like EigenLayer or Babylon, it extends the security of one chain to those off chain applications. With omnichain restaking like Exocore, it aggregates security from multiple chains and extends it to off chain apps.

Those off chain apps are known as AVSs in the restaking world. The AVSs define the rewards they’re willing to offer to operators who secure them. Those rewards go to operators who opt into the AVS which are then given to restakers as yield.

HTH

FieldValue
text Restaking is primarily to provide security to off-chain applications. On-chain applications already inherit the crypto-economic security from the L1 or L2 they’re on, but off-chain applications don’t inherit this. They don’t benefit from the security provided by staked tokens. So with restaking, you’re basically extending the security of a blockchain to applications like oracles and bridges. With single chain restaking like EigenLayer or Babylon, it extends the security of one chain to those …
label r/cryptocurrency
dataType comment
communityName r/CryptoCurrency
datetime 2024-05-24
username_encoded Z0FBQUFBQm5Lak1oalJKaFhQdG5IZy1fc2ViSExheGxRVGtURExUSEhHZ1NIaE4wdFZ3RGstNmI2b3RZNXg0aHQ0NUY5VnZlNU9XRXpoVVpIWXk2a3JLb1otekQ5WmttdEE9PQ==
url_encoded Z0FBQUFBQm5Lak94Z05UTDRxOXFIWU1wQ1JRSTFIWDNweExCNGVBTHRIVEZJVWtVNEFsdXlaRnpqdmF2M2ctWGUtR05lMFRuWjFhUDNNeHA5Y2lsR3BQOFMteFctYkswTTNzdE50VlpaODFsV0k1cWZ3YWozWUFseXY3NTM2MXlOcVdjNVZqZlphRV9mV3VZcWpxc2xBazJlM2lvN0EyS1NyZjRpVGZDLWdHRHJsQVhCMzl3Zzh0QmI0UXpQdTF6WGxpRnMtSkFaZDBRN0UzNlRrSzRzOGthQW9NcTdWelZ6QT09

Raw Record

{
  "text": "Restaking is primarily to provide security to off-chain applications. On-chain applications already inherit the crypto-economic security from the L1 or L2 they’re on, but off-chain applications don’t inherit this. They don’t benefit from the security provided by staked tokens.\n\nSo with restaking, you’re basically extending the security of a blockchain to applications like oracles and bridges. \n\nWith single chain restaking like EigenLayer or Babylon, it extends the security of one chain to those off chain applications. With omnichain restaking like Exocore, it aggregates security from multiple chains and extends it to off chain apps.\n\nThose off chain apps are known as AVSs in the restaking world. The AVSs define the rewards they’re willing to offer to operators who secure them. Those rewards go to operators who opt into the AVS which are then given to restakers as yield.\n\nHTH",
  "label": "r/cryptocurrency",
  "dataType": "comment",
  "communityName": "r/CryptoCurrency",
  "datetime": "2024-05-24",
  "username_encoded": "Z0FBQUFBQm5Lak1oalJKaFhQdG5IZy1fc2ViSExheGxRVGtURExUSEhHZ1NIaE4wdFZ3RGstNmI2b3RZNXg0aHQ0NUY5VnZlNU9XRXpoVVpIWXk2a3JLb1otekQ5WmttdEE9PQ==",
  "url_encoded": "Z0FBQUFBQm5Lak94Z05UTDRxOXFIWU1wQ1JRSTFIWDNweExCNGVBTHRIVEZJVWtVNEFsdXlaRnpqdmF2M2ctWGUtR05lMFRuWjFhUDNNeHA5Y2lsR3BQOFMteFctYkswTTNzdE50VlpaODFsV0k1cWZ3YWozWUFseXY3NTM2MXlOcVdjNVZqZlphRV9mV3VZcWpxc2xBazJlM2lvN0EyS1NyZjRpVGZDLWdHRHJsQVhCMzl3Zzh0QmI0UXpQdTF6WGxpRnMtSkFaZDBRN0UzNlRrSzRzOGthQW9NcTdWelZ6QT09"
}
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