Why? Because we’re evolving. New name, bigger vision, same commitment to pioneering the future of restaking in DeFi.
King Protocol is the next step in restaking rewards—streamlining rewards aggregation and enhancing liquidity for stakers across the ecosystem.
🔗 New repo is live! Switch your origin to:
git remote set-url origin https://github.com/king-protocol/king-protocol-sc.gitThank you for being part of the journey. Let’s build the future of DeFi together! 🚀✨
AVSs can distribute the restaking rewards in any ERC20 token. However, most of users will receive small, fractional amounts (more trouble than they’re worth to claim or trade in swap pools). It can lead to frustrating experiences and poor returns for stakers, while AVS may see a low token utilization and increased selling pressure.
LRT² (read as LRT Square) is a vault which holds the AVS tokens as underlying assets. Through LRT², LRT projects can pool AVS rewards into a single vault and issue vault share tokens to their stakers (or distributor contract). This system cuts transaction costs and streamlines the rewards process, great for those with smaller stakes who might find it easier to manage and trade their shares collectively. Larger stakeholders can redeem and possibly arbitrage, which will drive the market price of LRT² token.
$ yarn build$ forge test$ forge snapshot