CyberConnect launches the Cyber re-staking feature and dual staking model, powered by EigenLayer and liquidity re-staking protocols

ChainCatcher news, according to the official blog, the decentralized social network protocol CyberConnect has announced the launch of the Cyber re-staking feature, which is powered by EigenLayer and the liquidity re-staking protocol. Through the dual-staking model of Cyber L2, users can participate in ETH re-staking in advance. Starting from April 9, users can deposit liquidity re-staking token (LRT) assets from Renzo (ezETH), Puffer Finance (pufETH), and ether.fi (weETH) to start earning Cyber re-staking points.

It is reported that Cyber L2 utilizes EigenLayer's Active Validation Service (AVS) to develop key decentralized infrastructure, such as sequencers, validators, and CyberDB. It adopts a dual-staking model to establish a secure decentralized node network. This model uses both CYBER and EigenLayer's re-staked ETH to enhance network security through staking. In return, stakers will programmatically share the revenue from these services. As a first step, Cyber will leverage EigenDA's DA solution to unlock new on-chain Web3 social experiences.