Restaking beyond Ethereum: Karak, Babylon, Picasso, Ethos, Persistence
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Short list of restaking players outside EigenLayer: Karak as an asset-agnostic competitor, Babylon for BTC, Picasso restaking SOL to secure IBC, Ethos bringing ETH security to Cosmos, and Persistence for Cosmos assets.
✨ Restaking beyond Ethereum ✨
The restaking narrative is expanding to other ecosystems and assets and is evolving beyond @eigencloud.
Definitely an interesting space to watch. Some key players are:
✦ @Karak_Network (asset-agnostic @eigencloud competitor)
✦ @babylon_chain ($BTC staking to secure PoS networks)
✦ @Picasso_Network (restaking $SOL to secure IBC connection)
✦ @EthosStake (restaked $ETH security for Cosmos ecosystem)
✦ @PersistenceOne (the restaking layer for Cosmos assets)
What am I missing? 🤔