Bullish:

• 🟢 $ETH - Tarun expresses a long-term bullish view on Ethereum and restaking, suggesting that the fundamental value proposition of restaking for sharing security across networks will become more apparent over time, beyond the current focus on short-term yields.
  • “I think restaking probably just has reached the point where there haven't been any AVS's that have, like, had that impact yet. But I think, like I said, I think the fundamental thing if you zoom out and and don't go based on, like, Twitter where everyone is just like, oh, I I got 5,000 free points for yield, whatever. Like like, ignore the this is what I'm saying. You have to, like, zoom out beyond this, like, people who are just, like, yield maxing on Twitter and then getting angry that they got fewer points, whatever. That that that doesn't have to do with the mechanism. That has to do with just, like, the the projects, Ponzi funding, and things. But, I I I think, like, if you zoom out, the the main point is is that it's a way of deciding having networks where you can either decide to share security in a very precise way that has some covenants and guarantees, which means that you're taking on some risk for doing that, but obviously you're getting some reward.” - Tarun (1:02:04)