Understanding Allstake

Allstake is the first meshed restaking protocol that brings restaking to all chains. By decoupling consensus and execution, Allstake enables trustless scaling, offering enhanced scalability, security, and decentralization.

Allstake extends beyond Ethereum; it builds a “verifiable cloud” for the broader crypto landscape, enabling users to natively restake a wide range of assets (LSTs, LRTs, LP tokens, stablecoins, etc.) on multiple chains including NEAR, Solana, Bitcoin, Ethereum, Ton, and more. Allstake comprises a modular toolkit that includes a programmable multi-asset economic module, a restaking hub for managing restaking logics, a chain signature module for synchronizing states and slashing on other chains, and light clients for trustless verification.

The core infrastructure, Allstake Hub, is built on the NEAR Protocol; it manages all the Actively Validated Services (AVS) and operators, and tracks all deposit, delegation, and withdrawal states of restakers. Chain Signature’s cross-chain messaging and query capabilities allow Allstake to securely and reliably monitor the users’ stake, delegation, and other messages across different chains, even including non-smart contract ones like Bitcoin and XRP. This integration enables Allstake to streamline operations such as issuing rewards and slashing on other chains, optimizing both the user experience and costs.

Allstake empowers multichain applications by providing security from the application layer to even the physical level. AVS derives security from each chain they operate on, creating a decentralized ecosystem where users from all chains can contribute to AVS security. By attracting validators from multiple chains, Allstake increases decentralization and real-world censorship resistance. This validator diversification further improves the security guarantee of AVS.

More details in https://docs.allstake.org/