Euclid Finance ECL Price $ 0.0599

Euclid Finance is a liquid restaking solution built on EigenLayer, designed for Ethereum. It allows users to stake ETH or liquid staking tokens (LSTs) and opt-in to restake through EigenLayer smart contracts. This process extends cryptoeconomic security to other applications on the network and earns additional rewards. Euclid serves both Restakers and Operators, offering a liquid wrapper called elETH for restaking LST/ETH. It focuses on decentralizing the Operators' network, reducing centralization risks, and facilitating Omnichain Restaking Liquid Assets. Euclid is a part of the NGAD protocol, enhancing DeFi composability.