Guides
Ten focused guides on how restaking works, how slashing is enforced, and where protocol risks accumulate.
New to restaking? Read Start here first — it covers the nine mechanics these guides assume. The guides below are ordered: sections 1 and 2 build the model, section 3 covers what goes wrong, and section 4 turns it into a set of questions to ask.
Three companions sit alongside them. The restaking map holds the side-by-side comparison of the three protocol models and the layers risk passes through. The incident case files take single documented failures and reconstruct them from primary sources, where the guides describe failure modes in the abstract; the failure map sets those cases against the layers. The glossary defines every term; mentions in the guides link straight to the relevant entry.
Table of Contents
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How pooled security works, how validation is delegated, and why extra yield is payment for extra risk.
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Side-by-side comparison across security boundaries, yield sources, slashing triggers, and lockup rules.
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The reality of live slashing, institutional opt-outs, and realistic fee income.
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How liquid restaking receipts abstract operator sets, compound yields, and add recursive contract risk.
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How Ethereum smart contract restaking, Bitcoin script-locked restaking, and sovereign multi-asset vaults differ.
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Deterministic vs. committee-based slashing, software bugs, operator downtime, and cascading penalties.
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Why liquid restaking receipts drop below underlying asset value during market selloffs.
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How withdrawal buffers work, how unbonding queues stack, and why exits take days or weeks.
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How multi-token pools create redemption friction and what a multi-bridge incident showed about composability.
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Five practical questions to evaluate liquidity horizons, slashing conditions, and counterparty risks before committing capital.