Lead · Beginners Guide
The Kelp DAO vulnerability was not in the restaking mechanism itself, it was in an easily overlooked piece of infrastructure configuration. Reviewing smart contract code alone is not enough.
Marcus Teo
·
September 03, 2026
You stake ETH on Ethereum and earn roughly 3-4% annually, the base reward for helping secure consensus. Restaking asks a simple but consequential question: can that same locked ETH also help secure other systems at the same time, in exchange for extra yield? The answer is yes, but the price is that your capital now passes through several distinct layers of smart contracts in sequence, and a...