Stader Labs launches liquidity re-staking token LRT

ChainCatcher news, the liquid staking infrastructure Stader Labs announces the launch of the liquid re-staking token LRT. The new LRT token is a synthetic token for re-staking ETH, ETHx, or other LSTs, with re-staking completed through the EigenLayer protocol.

The LRT DAO will select validators and services for re-staking ETH and may allow validators to join in a permissionless manner in the future.