ETH Liquid Restaking Protocol YieldNest Raises $5.2M in Contribution Round

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YieldNest simplifies and enhances ETH yields for EigenLayer restakers through curated AVS Baskets and specific AVS categories, reducinng ...

Industry veterans-led liquid restaking protocol YieldNest is gearing up for its first product release, ynETH, later this month. This liquid restaking token boosts and auto-compounds ETH yields from a custom-curated AVS basket., a promising new player in the booming liquid restaking market, is excited to announce the successful closure of its contribution round, raising $5.2 million.

Chain Security, a top-tier smart contract auditing firm, is currently auditing the protocol. YieldNest is also building an independent risk research and R&D team operated bythat will monitor and analyze AVS and Operators, which shows a serious long-term commitment to security.

 

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