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CryptoIntelligence 2024-06-24 22:44:00

Ether Restaking Promises High Returns but Raises Investor Risk Concerns, Warns Haven1 CEO

The emerging Ether restaking protocols promising double-digit passive returns have sparked significant economic sustainability and security concerns. The primary risk surrounding Ether restaking isn’t technical complexity but rather investor misunderstanding, according to Jeff Owens, co-founder and CEO of Haven1. Owens highlighted the risks of asset looping in restaking protocols in a conversation with Cointelegraph. He stated, “I hope people start to learn that the more you loop your assets, the more risk you’re at. “That means that all it takes is one of those layers to pull out or not to contribute the rewards, and you can have that waterfall

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