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NewsEthereum Validator P2P.org Introduces Restaking Function on EigenLayer

Ethereum Validator P2P.org Introduces Restaking Function on EigenLayer

May 29,2024,02:49

Reported by Cointelegraph, P2P.org, an Ethereum blockchain validator and provider of noncustodial staking tools, is moving to optimize staking rewards with a new API integration.

P2P.org has integrated an automated, end-to-end Restaking API, allowing users to restake Ether on decentralized staking protocols like EigenLayer, the firm announced on May 27.

The newly introduced Restaking API integrates with P2P.org’s existing Ethereum API, allowing intermediaries to both stake ETH and restake it on EigenLayer.

“Intermediaries are continually seeking ways to add value for their clients and differentiate their services in a crowded market,” P2P.org CEO Alex Esin said. “With our new Restaking API, we are providing a powerful tool that does just that,” he noted, adding:

“Our clients can now offer their users the ability to easily restake ETH, maximizing their staking rewards and airdrop opportunities directly from their own platforms.”

P2P.org’s new Restaking API platform features multiple rewards, including staking and restaking rewards, Secret Shared Validator incentives, EigenLayer future rewards, as well as anticipated Actively Validated Services’ airdrops, all accessible through a single integration point.

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