ESN Protocol

ETH pledge VS Traditional pledge

Support network security and consensus

Multilevel pledge

ETH repledge is a multi-level pledge model in which the user first pledges ETH to obtain a pledge certificate(such
as stETH), then have the option to pledge these certificates again.
Traditional pledge usually refers to the direct pledge of assets on the blockchain.

Local repledge derivative asset pledge

In ETH repledge, users can choose to use derivative assets (such as stETH, rETH, etc.) for repledge
Sub-pledge, rather than directly using the original ETH.
This introduces more flexibility and choice.

Secure sharing mechanism

ETH repledge usually involves a secure sharing mechanism,
in which users rent out the security layer of ETH to other parties
Discuss or chain, thereby obtaining security tax.
This is unique from traditional pledges and provides a way to share security.

Double pledge logic

In ETH repledge, users experience the logic of double pledge, that is, pledge first to obtain the pledge certificate.
Then pledge the documents again.
Traditional pledges generally do not involve this logic of multiple pledges.

Multilevel pledge

ETH repledge is a multi-level pledge model in which the user first pledges ETH to obtain a pledge certificate(such as stETH), then have the option to pledge these certificates again.
Traditional pledge usually refers to the direct pledge of assets on the blockchain.

Local repledge derivative asset pledge

In ETH repledge, users can choose to use derivative assets (such as stETH, rETH, etc.) for repledge Sub-pledge, rather than directly using the original ETH.
This introduces more flexibility and choice.

Secure sharing mechanism

ETH repledge usually involves a secure sharing mechanism, in which users rent out the security layer of ETH to other partiesDiscuss or chain, thereby obtaining security tax.
This is unique from traditional pledges and provides a way to share security.

Double pledge logic

In ETH repledge, users experience the logic of double pledge, that is, pledge first to obtain the pledge certificate. Then pledge the documents again.
Traditional pledges generally do not involve this logic of multiple pledges.