Whats Genesis?
Genesis_LRT is a liquid restaking protocol built on the Ethereum blockchain. It allows users to restake their Ethereum (ETH) across multiple networks, maximizing rewards through an innovative approach that transcends traditional staking boundaries. At the core of Genesis_LRT lies Eigen Labs, a protocol that introduces restaking as a revolutionary primitive in cryptoeconomic security, amplifying the security of various applications on the network.
As of 2024-03-05, the Genesis_LRT roadmap includes plans to go omnichain (expanding to L2s), doing a second audit, deploying the $GEN governance token, and developing omnichain LRT and restaking marketplace (rNFT).
In the last week, Genesis_LRT has had a few significant updates:
Partnership with Stakin, a node operator that supports over 40 networks and manages over $1B in assets.
The team has been at Ethereum Denver, meeting with partners and investors like Mirko from Staking Rewards.
Integration with Stakely, which brings improved infrastructure, low fees, and a robust insurance fund for asset protection.
Overall, these developments contribute to an enhanced user experience with improved security, operational efficiency, and lower fees for the Genesis_LRT community.
