LRT2/ETH
Restaking protocols can distribute rewards in any ERC-20 token. However, users typically receive fractional amounts of these rewards, making them inconvenient to claim or trade. This situation can lead to a frustrating user experience, with poor returns for restakers, low token utilization, and increased selling pressure on reward tokens. King Protocol (formerly known as LRT²) offers a solution through a unified restaking reward. KING represents a share of a vault full of restaking rewards. LRTs deposit restaking rewards into the vault and then mint and distribute KING to their restakers. This streamlined system significantly reduces transaction costs and improves the efficiency of restaking reward distribution. It is particularly beneficial for small stakers, who might otherwise find managing and trading fractional rewards challenging. For larger stakeholders, the ability to redeem or arbitrage the vault share tokens creates an active market, helping to stabilize the King token price and drive liquidity.
Score | |
|---|---|
24h Vol | $6.8K |
Liquidity | $701.4K |
Holders | 15.6K |
Audits | |
Age | 4 months |
FDV | $3.9M |
Market Cap | $4.2M |
| Addresses | |
|---|---|
| Pool | |
| LRT2 |  |
| ETH |
LRT2 to ETH Converter
Score | |
|---|---|
24h Vol | $6.8K |
Liquidity | $701.4K |
Holders | 15.6K |
Audits | |
Age | 4 months |
FDV | $3.9M |
Market Cap | $4.2M |
About LrtSquare (LRT2)
Restaking protocols can distribute rewards in any ERC-20 token. However, users typically receive fractional amounts of these rewards, making them inconvenient to claim or trade. This situation can lead to a frustrating user experience, with poor returns for restakers, low token utilization, and increased selling pressure on reward tokens. King Protocol (formerly known as LRT²) offers a solution through a unified restaking reward. KING represents a share of a vault full of restaking rewards. LRTs deposit restaking rewards into the vault and then mint and distribute KING to their restakers. This streamlined system significantly reduces transaction costs and improves the efficiency of restaking reward distribution. It is particularly beneficial for small stakers, who might otherwise find managing and trading fractional rewards challenging. For larger stakeholders, the ability to redeem or arbitrage the vault share tokens creates an active market, helping to stabilize the King token price and drive liquidity.
LRT2/ETH Price Stats
The current price of LRT2 (LRT2/ETH) on Uniswap V4 (Ethereum) is $408.28, the price is up -3.5% in the last 24 hours. Its 24-hour trading volume is reported to be at $6,842.04 with a total of 45 transactions. LRT2/ETH contract address is 0x65d3edd67f7166c91ec8584eea3a5bf8f03cda0c95f37c2370422d995e0ca29f, with a Fully Diluted Valuation (FDV) of $3.91M and a liquidity pool of $701.35K.
