AllStake - Omnichain Restaking Protocol Building on NEAR
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About this video
AllStake is an omnichain meshed restaking protocol that enables cross-chain restaking and trustless security.
Allstake Website - allstake.org Linktree - linktr.ee/allstake_fi X - x.com/allstake_fi
Dani Osorio advisor for AllStake x.com/WaverlyMaven
A native re-staking solution tailored for non-EVM chain like NEAR Protocol, Solana, and Bitcoin. In this interview, Danny Osorio, an advisor for AllStake, walks us through the platform's features and benefits. Learn how AllStake allows users to re-stake assets natively without bridging and why NEAR Protocol was the ideal choice for this innovative project.
The core infrastructure, Allstake Hub, is built on NEAR Protocol; it manages all the Actively Validated Services (AVS) and operators, and tracks all deposit, delegation, and withdrawal states of restakers. Chain Signature’s cross-chain messaging and query capabilities allow Allstake to securely and reliably monitor the users’ stake, delegation, and other messages across different chains, even including non-smart contract chains like Bitcoin and XRP. This integration enables Allstake to streamline operations such as issuing rewards and slashing on other chains, optimizing both the user experience and costs
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Transcript
171 wordsCaptions as YouTube publishes them, usually machine-generated, so product and people names can be misheard.
- 0:03
Allstake is a native restaking solution that is focused on non EVM chains. Restaking in is a new primitive. And crypto economic security enabling users to natively restake a wide range of assets. LSTs , LRTs LP tokens, stablecoins and multiple chains Allstake is built using a chain signatures, and the NEAR hub is where all the smart contracts live for Allstake.
- 0:32
NEAR chain abstraction is actually what is enabling us to do this very novel meshed restaking, which, enable native restaking and all these alternative chains. We picked NEAR because it was the only technology that would let us do this.
- 0:48
It really is helpful that everything can be centered into these smart contracts that are inside the NEAR hub. and the developer experiences, you know, far better than what they've seen before. This product is for anyone who is, staking, who is, participating in a liquid staking pool, whether that's LiNEAR or Meta Pool. It's for validators who want to participate in and wants to get additional yield.
- 1:17
How.