TLDR Crypto · INNOVATION & LAUNCHES
KARAK ENDGAME: RESTAKING FOR EVERYONE
Summary from the TLDR Crypto newsletter
Karak takes the concept of EigenLayer and re-staking ETH but extends it to numerous other assets like stablecoins. New apps and protocols can leverage this security to create distributed secure services (DSS), similar to the actively validated service (AVS) on EigenLayer. Karak's team is also developing K2, a risk management L2 that will use DSS for security and act as the testing environment for DSS’ before launching on L1. Karak Private Access, which allows users to stake assets and earn points from several protocols, is live.