Ether.Fi Inks $500M Restaking Deal With RedStone Oracles

Ether.Fi Inks $500M Restaking Deal With RedStone Oracles

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Source: Coindesk.com

RedStone Oracles, which provides data feeds for blockchains, is among a growing field of "actively validated services" (AVSs) waiting to tap into EigenLayer, the buzzy new "restaking" protocol that lets upstart networks borrow Ethereum's security. On Friday, RedStone announced that it had sealed a $500 million deal with Ether.Fi, the largest liquid restaking service on EigenLayer, to help power its oracle

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The post "Ether.Fi Inks $500M Restaking Deal With RedStone Oracles" appeared first here Coindesk.com.

Source: Coindesk.com

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