EigenLayer Restake Opens Feb. 6, Removes All LST Caps

Ethereum restaking protocol EigenLayer says it will introduce three new LSTs into the EigenLayer restaking ecosystem: sfrxETH, mETH and LsETH, and is removing the 200,000 ETH cap on LSTs.

In addition, the team is introducing a new way to distribute restaking points that will cap the amount of restaking points that can be distributed to any one LST, LRT or individual depositor to 33% of the total issuance going forward.

The team will open the restaking window from February 5th 12pm PT to 9th 12pm PT with the new LSTs sfrxETH, mETH and LsETH and no cap on any LST, after which all deposits will once again be paused.