Introduction
Welcome to Layerless - the Omnichain Liquid Restaking protocol.
We're Keeping your EigenLayer deposits liquid and usable beyond Ethereum using LayerZero.
How Layerless works?
A user restakes LSTs on EigenLayer via Layerless.
The user receives LRTs (Liquid Restaked Tokens) that represent the user's EigenLayer Strategy shares.
This LRT is fully liquid and technically usable in third-party DeFi protocols.
Using LayerZero, we're making our LRTs Omnichain - transferable, usable, and composable beyond Ethereum.
Our Omnichain LRTs are Reward-bearing. If you buy the LRT on AMM like Uniswap (on any supported chain, for example, Arbitrum), you'll still be eligible to not only unstaking an LST but also to claim all EigenLayer restaking rewards generated while you were the LRT Holder. In simple terms, holding Layerless LRT is equivalent to being a restaker (you own the underlying LST and the restaking rewards it's generating). It also provides Layerless restakers access to instant liquidity (no EigenLayer withdrawal delay).
Layerless LRTs are fully composable. Even if you lock your LRT in a third-party contract (e.g. being an LP, or using it as collateral in a lending protocol), you're still considered the LRT owner eligible for the restaking rewards it has generated while it was locked (LRT's Superposition).
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