Liquid restaking includes staking ether, which helps safe Ethereum, in return for a yield and sometimes additionally loyalty factors that may ultimately be transformed right into a token airdrop. In return for the staked ether, restaking protocols like Ether.Fi distribute a liquid restaking token, on this case eETH, which is pegged to ether’s worth. The token can be utilized on different decentralized finance (DeFi) protocols to earn further yield.