Liquid Restaking Tokens (LRTs) are tokens derived from liquid staking and restaking mechanisms that represent staked tokens on multiple blockchain protocols.
By reinvesting staked assets into other decentralized applications or protocols, users can earn additional rewards while still retaining the benefits of the original staking process.
LRTs are designed to enhance liquidity in the crypto ecosystem, enabling users to efficiently manage their staked assets and optimize returns through restaking. This approach boosts the overall yield of staked tokens across various networks.