Stader Labs has launched the liquidity re-staking token rsETH on the testnet

ChainCatcher news, according to The Block, the multi-chain liquid staking platform Stader Labs has launched a "Liquid Restaked Token" named rsETH on the testnet. This token aims to amplify Ethereum staking rewards by simultaneously restaking multiple liquid staking tokens.

It is reported that the rsETH token is built on EigenLayer's restaking protocol, allowing users to stake Ether across multiple networks simultaneously, including Coinbase Wrapped Staked ETH (cbETH), Lido Staked ETH (stETH), and Rocket Pool ETH (rETH).