đź’¬ Join ourTelegram Channel

How to restake on Eigenlayer

Published:
Last updated:

How to restake on Eigenlayer

  1. Go to https://app.eigenlayer.xyz/
  2. Connect your wallet by clicking the “Connect wallet” button in the top right corner.
  1. Choose your wallet (we’ll use Metamask in this example)
  1. Connect your Wallet.
  2. After connecting your wallet, you need to accept the “Terms of Service & Privacy Policy” from Eigenlayer by signing a message. Click on SIGN - and confirm the signing request in your wallet.
  1. Congratulations! You are ready to restake. Choose between one of the Tokens and LSTs in the list below.
  1. The easiest way to restake is by using LSTs. Stake your Ethereum via know liquid staking protocols like Lido (stETH), Rocket Pool (rETH) or others.
  2. To restake hit the RESTAKE button in the top right corner
  1. Select now an asset which you own to restake (in our example Lido Staked Ether - stEth) by clicking on it’s name.
  1. By clicking on the SUBMIT button in the bottom right corner, you’ll deposit your tokens into the Eigenlayer Network.
    After clicking the SUBMIT button your wallet will ask you to confirm the deposit transaction.
  1. Congratulations! You now can delegate your deposit to a Eigenlayer operator in the next step.
  2. To delegate to an operator you first need to navigate to the Operator section by clicking on “Operator” in the navigation bar.
  1. Enter in the search bar “Coinage x DAIC” to find our Eigenlayer operator and select it by clicking on the logo or name in the table.
  1. Click the DELEGATE button and confirm the transaction. Once you are done delegating to an Eigenlayer operator like us you will start earning rewards.

The information provided by DAIC, including but not limited to research, analysis, data, or other content, is offered solely for informational purposes and does not constitute investment advice, financial advice, trading advice, or any other type of advice. DAIC does not recommend the purchase, sale, or holding of any cryptocurrency or other investment.