# Introduction

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Yield 24, a protocol operating on EVM-compatible chains like BNB, ETH, and Polygon, introduces restaking as a novel cryptoeconomic security primitive on both L1 and L2. This innovation allows the optimisation of assets such as BNB, ETH, BTC, and stable coins at the consensus layer. Users staking their blue-chip tokens directly or through a liquid staking token (LRT) have the option to engage with Y24 smart contracts, enabling them to restake ETH, BNB, BTC, stable coins, or LRT. This extends cryptoeconomic security to various applications on the network, including RWA’s (Real World Assets), securitization, trenches, staking, borrowing/lending, and provides an avenue to earn additional rewards.

## The Layer Two Opportunity

In the current crypto landscape, we see a compelling opportunity in determining the optimal scaling layers for Ethereum, identifying the key factors that contribute to their success. Liquidity in the crypto space seeks fungibility and seamless transactions, adhering to a power law distribution. This implies that the potential rewards for the scaling layers that emerge victorious in this competitive environment are substantial. The pursuit of defining these "winning" scaling layers presents an intriguing and potentially lucrative avenue within the crypto ecosystem.

As the Layer 2 (L2) ecosystem continues to evolve, we see a unique opportunity for the creation of a novel layer that specifically addresses the growing trend of sustainable on-chain yields, such as staking or Real World Assets (RWA). The current Ethereum infrastructure was not originally designed to seamlessly accommodate yield-bearing assets, leading to additional complexities for users, such as the need to wrap or deposit tokens to access the yield.

This potential new layer presents an opportunity to reimagine the interaction of these inherently yield-bearing assets with wallets and decentralized applications (dApps). By introducing a layer tailored to the unique demands of on-chain yields, we can mitigate friction and enhance the user experience, aligning with the broader shift towards sustainable and efficient blockchain functionality.


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