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What Is Staking? Three Sources of Yield, and Only Two Are Income
A staking rate is three payments bundled into one number: new issuance that dilutes every holder, transaction fees paid by users, and ordering revenue paid by traders. Part of it is not income at all, the protocol cuts the rate as more capital stakes, and every wrapper added on top buys extra yield with an extra way to lose.- 5
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Restaking, Audited: $10 Billion of Security, $99,977 a Week of Fees
ether.fi is cutting its last structural tie to EigenLayer. The income statements explain the exit, and the same receipt-with-rented-risk wrapper is already re-forming in curated lending vaults.- 23
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