restETH

Maximum Yield, Maximum Liquidty

The restETH token is a tokenized version of restaked ETH. When users send ETH, or the LSTs currently accepted by EigenLayer, into the Rest deposit contract, the user receives the corresponding amount of restETH tokens. The restETH token represents user deposits and the corresponding restaking rewards and slashing penalties.

restETH can be transferred, traded, used in integrated DeFi applications, and natively moved across multiple blockchains. Rest makes the restETH token balance track the balance of rewards pending in the EigenPod. A user’s balance of restETH tokens corresponds one to one with the amount of ether a user could receive if withdrawals were instant on EigenLayer.