Cryptopedia - Lair Finance
Lair Finance operates as a cross-chain liquid restaking protocol designed to boost native staking returns and provide liquidity across various Layer-1 blockchains. The platform issues yield-generating Liquid Restaking Tokens (LRTs), including rstKAIA on Kaia and LrBGT on Berachain. These tokens allow users to reinvest rewards, utilize their capital within DeFi applications, and secure extra incentives, all while supporting validator security. The $LAIR token serves as the central mechanism for driving incentives and capturing value throughout the growing Lair ecosystem.
