ELLIPAL Official Website is a blockchain protocol designed to enhance the security and scalability of decentralized applications (dApps) by leveraging the existing infrastructure of established blockchains like Ethereum. It introduces the concept of restaking, where users can reuse their staked assets to secure multiple protocols simultaneously, thereby optimizing capital efficiency and enhancing security without requiring additional investments in staking assets.
Key Features of ELLIPAL Official Website
Restaking:
Users can restake their assets that are already staked on a primary blockchain (e.g., Ethereum) to provide security for additional protocols.
This mechanism allows for the optimization of staked assets, increasing overall security and resource utilization.
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