DRST Tokens: Definition, benefits, and current list (DRST-ETH, DRST-0FX, DRST-USDT TBA)
DRST Overview
DRST stands for DUO Restaked Token. Each DRST is a restaked derivative representing a specific base asset. Examples include:
DRST-ETH — Restaked Ethereum
DRST-0FX — Restaked 0Fx ecosystem token
Additional DRSTs for other major staking assets will be introduced progressively.
Purpose
A DRST allows holders to capture all compatible yield streams from their original staked position without missing any cumulative opportunities. DUO Protocol ensures DRST holders are maximally exposed to compatible yield layers while maintaining full liquidity using only secure, audited protocols.
Benefits over the Underlying Asset
Holding a DRST instead of the base asset provides:
No missed yield opportunities: All compatible staking and restaking layers are applied automatically.
Higher effective returns: E.g., DRST-ETH may achieve 4.5% returns compared to 2% for staking ETH.
Security-first integration: Underlying protocols are extensively audited and proven in large-scale usage.
Full liquidity and flexibility: DRST can be redeemed or swapped anytime with zero withdrawal delays.
Ease of use: No need to manage multiple positions or track protocols manually.
Redeemability
1:1 initial minting rate with the base asset.
Non-rebasing: Yield is auto-compounded into the DRST’s price via an increasing exchange rate.
Fully redeemable at the current exchange rate with no cooldown period or slippage.
Initial DRST List
At launch, DUO will offer:
DRST-0FX — Restaked version of the 0Fx Protocol’s ecosystem token.
