# Putting Restaked ETH to Work

*Author: Bankless*
*Published: May 1, 2024*
*Source: https://www.bankless.com/put-your-restaked-eth-to-work*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/Group-628--2-.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=delegating-restaked-eth-on-eigenlayer&email=true)

  

Putting Restaked ETH to Work
  

  
  Published on May 1, 2024

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  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Bitcoin Stutters
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/Group-15--16-.png)](https://www.bankless.com/dashboard)- 👎 **Bitcoin dips.** Amid economic uncertainty, crypto markets continued to dump Wednesday, led by Bitcoin which is down 10% this week.
- 🟦** Dorsey’s Block facing scrutiny.** Federal prosecutors are [reportedly examining](https://www.nbcnews.com/business/personal-finance/prosecutors-examining-transactions-block-owner-cash-app-squarc-rcna147181) Block’s transactions amid whistleblower reports that lax screening led the firm to process crypto transactions for terrorist groups.
- 🗿** BlackRock leads Securitize deal.** Securitize, the firm which BlackRock launched its BUIDL fund with, [has raised a $47M funding round](https://www.prnewswire.com/news-releases/securitize-announces-47-million-strategic-funding-round-led-by-blackrock-302133075.html) led by BlackRock.

.  .  .

 
  
    
      
      TODAY IN MARKETS
    
    
  
  
    
Economic Wobbles Hit Bitcoin
  
  

  

 
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-01T173115.253.png)](https://www.bankless.com/economic-wobbles-hit-crypto-hard)**📊 Macro Mania.** Crypto assets are getting volatile as macro is once again dominating the narrative. *Is the bottom in, or is the downside just getting started?*

[Read More Analysis on Bankless.com](https://www.bankless.com/economic-wobbles-hit-crypto-hard)

Prices as of 6pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.18T
       

  
    
    ↘ 1.7%
    
  

   
    
   ↘ 8.4%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $57,967
       

  
    
    ↘ 4.0%
    
  

   
    
    ↘ 9.8%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,970
       

  
    
    ↘ 1.1%
    
  

   
    
    ↘ 5.6%
    
  

  

.  .  .

 
  
    

    TACTIC

  
  
    
   
Delegating Your Restaked ETH
  
  
   
     
     Bankless Author: 
     
      [
       
       William M. Peaster](https://twitter.com/WPeaster)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/05/image---2024-05-01T173148.700.png)](https://www.bankless.com/delegating-restaked-eth-on-eigenlayer)**How can you put your restaked ETH to work?**

In the [EigenLayer](https://www.eigenlayer.xyz/) ecosystem, an **Actively Validated Service** (AVS) is a project that uses the security of Ethereum via EigenLayer to underpin its native functionalities. AVSs can be anything from data availability solutions to L2s, like optimistic or zk-rollups, and plenty more in between.  

*Here's how to delegate your restaked ETH *👇

[Read the Full Rundown](https://www.bankless.com/delegating-restaked-eth-on-eigenlayer)
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