Staking i dochód
Restaking explained
Restaking lets the same staked ether serve as collateral for additional services. It adds yield and stacks slashing conditions on top of each other.
The idea
New network services — oracles, data availability layers, bridges — need economic security but cannot bootstrap it from scratch. Restaking rents Ethereum's existing security.
You consent to your stake also falling under that service's rules. In exchange you earn an additional fee.
Why the risk is not linear
Plain staking has one rule set. Restaking applies several at once, each with slashing conditions written by parties you cannot all audit.
It also correlates: if many operators pick the same services, one bug in one service can hit a large share of total stake.
- Multiple slashing rules on the same collateral
- Each service's quality determines your risk
- Operator correlation increases systemic risk
- Often another token layer on top
Practical judgement
Restaking is defensible for those who understand the services and commit a small share of a position. It is not a replacement for plain staking at the core of a long-term portfolio.
Focus on who writes the slashing conditions, how they can be changed and how quickly you can exit.
Kalkulator zysku ze stakingu
Sprawdź, ile daje staking netto po prowizji, kapitalizacji i inflacji sieci.
Dane
Wynik
APR netto (po prowizji)
4,50 %
APY netto (z kapitalizacją)
4,60 %
Zysk realny (po inflacji)
2,55 %
Nagrody w 1. roku
46,025 monet
Średnio dziennie (rok 1)
0,1261 monet
Saldo końcowe
1144,5273 monet
Wartość przy stałej cenie
1144,53 €
Wzrost stawki
Ryzyko
Staking to nie konto oszczędnościowe. Slashing, przestoje walidatora, okresy unbondingu, błędy smart kontraktów w liquid stakingu i spadek kursu mogą zmniejszyć pozycję. Wysoki APR zwykle rekompensuje wysoką inflację lub ryzyko. To nie jest porada inwestycyjna.
Zaokrąglenia i założenia
Zakładamy stały APR, stałą cenę i równe okresy. APY = (1 + APR netto / n)^n − 1. Zysk realny to (1 + APY) / (1 + inflacja) − 1. Kwoty pokazujemy z czterema miejscami (monety) i dwoma (waluta), a obliczenia prowadzimy bez zaokrągleń. Podatki i opłaty nie są uwzględnione.
APY = (1 + APR/n)^n − 1
Najczęstsze pytania
How much extra does restaking pay?
It varies widely and is often partly paid in points or tokens of uncertain value. Do not treat that part as fixed income.
Can I withdraw a restaked position quickly?
Usually an extra cooldown applies on top of the network's normal exit queue.
Czytaj dalej
Liquid staking explained
How liquid staking tokens work, why they sometimes trade below par and which risks you buy along with them.
The risks of staking
What slashing is, how likely it is, what downtime costs and which queues you meet when exiting.
What is staking?
Staking explained without marketing language: what you actually do, who pays you, why there is a yield and which returns are realistic.