Enjoyed listening to "the TradFi Comparooooooor" @tarunchitra flesh out his reasons for paying attention to restaking & why it's one of the most interesting concepts within crypto today.

> it's the cornerstone of blockchain tech (decentralization & atomicity) and financial markets.

Below we will break down some of the key risk management takeaways we got from the episode as well as the comparisons that resonated with us the most. 1. Restaking has a variation of liquidation cascade risk within a pseudo-PoS system, IF assets are rehypothecated RATHER than isolated. Imagine if an operator pledged stETH to multiple AVSs, got slashed for manipulating one service & then ensured that there was no economic security left to defend the remaining AVSs that they were also securing. Eigenlayer has designed their system to allow AVSs to set a "Unique Stake" ratio minimum bound, that ensures that a portion of the restaked security is NOT also securing another AVS - a ratio that Tarun hopes to find a Goldilocks Zone for - the perfect balance between security & capital efficiency. Read more here if you are a genius

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