EigenLayer Increases LST Restaking Cap

Restaking protocol EigenLayer announced it has increased the cap for LST (liquid staking tokens) restaking, allowing users to deposit $stETH, $rETH, or $cbETH to the protocol. When any LST reaches 100K token restaked, the protocol will stop accepting new deposits.

EigenLayer went live on the mainnet in June. Last month, it lifted the restaking cap to 15,000 tokens for each LST.

Related: Restaking Protocol EigenLayer Goes Live on Ethereum Mainnet

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