Important points
- SharpLink has allocated $170 million worth of Ethereum to Linea, a zkEVM layer 2 network, to increase yield.
- This strategy leverages a combination of native Ethereum yield, restaking rewards via EigenLayer, and additional incentives from Linea and EtherFi.
SharpLink has deployed $170 million of ETH on Linea, a zkEVM layer 2 network built on Ethereum, using what the company calls a first-of-its-kind extended yield strategy.
This deployment combines native Ethereum yield, restaking rewards from EigenLayer, and direct incentives from both staking and restaking protocols Linea and EtherFi.
Anchorage Digital, an institutional-level qualified custodian, is the custodian of the assets.
“This is the most productive way to hold ETH with institutional-level infrastructure,” Sharplink said via its official X account. “That's the SharpLink edge.”
