ynETH is an nLRT that exposes users to a dynamically curated Basket comprising AVSs across multiple industry verticals. The YieldNest DAO carefully selects and fully vets all of the operators and AVS within ynETH’s Basket to deliver an nLRT with the highest possible risk-adjusted yield.
Restakers deposit ETH into YieldNest’s restaking pool and receive ynETH back as a tradable and liquid “receipt” token representing the underlying yield-generating restaked ETH. The generated restaking rewards are distributed back to ynETH holders, veYND tokens, and operators.