Staking Insider #35: This LRT stands out from the crowd

GM fellow staker,

There's a new LRT in town that offers superior risk-adjusted returns and raises the bar when it comes to transparency in restaking. $ynETH by YieldNest is that LRT and is our staking deal of the week...

🤝 Staking Deal of the Week: YieldNest

As of today, most Liquid Restaking Protocols in the market offer nearly identical features. YieldNest is one that stands out from the crowd.

YieldNest is a Liquid Restaking Protocol that offers simplified access to superior risk-adjusted returns.

Their flagship product, $ynETH, optimizes ETH yields through a curated basket of AVSs.

With support from an independent risk team, the YieldNest DAO selects and vets all operators and AVSs within $ynETH’s basket to ensure the highest possible risk-adjusted returns.

The protocol also raises the bar when it comes to transparency in restaking, providing full visibility on their AVS strategies & chosen operators.

Learn more about YieldNest by diving into our latest article.

Did you know you can now stake directly on our website? $ynETH is our staking deal of the week, available for a limited time only! 👀

Restake a minimum of 5 ETH with YieldNest (ynETH) via the Stake App to get a Pioneer NFT, which unlocks a 15% lifetime boost on Seeds (YieldNest points) 🚀

Get ynETH + 15% Lifetime Boost on Seeds

Restake Now

📰 Weekly Briefing

Here’s this week’s top news from the world of staking.

• Babylonchian announces $70M raise to advance Bitcoin staking
• Paypal launches its own stablecoin on Solana
• Ethereum targets Q1 2025 for Pectra upgrade rollout
• VanEck, 21Shares Solana ETF Plan Confirmed in Cboe Filing
• Grayscale Launches Trusts for Stacks & Near Protocol

⚛️ Spread your stake across the Cosmos

Native delegation is live for Cosmos Hub, dYdX and Celestia on Staking Rewards 🚀

You can now stake ATOM, DYDX and TIA directly with a trusted validator in just a few clicks.

Better still, you can stake across up to 10 validators in a single transaction, unlike other staking interfaces such as Keplr.

This makes spreading your stake across multiple validators & mitigating your risk a doddle.

Take a Look

🤖 New Integration: Partisia $MPC

We're proud to support staking on Partisia Blockchain via their native asset $MPC.

Partisia Blockchain allows users to compute all kinds of data while maintaining complete data privacy at rest, in transit, and in use.

Key staking metrics on the Partisia network include:

• Reward Rate: 53.1%
• Staking Ratio: 33.18%
• Staking Wallets: 1.62k

Explore Staking on Partisia