Ebisu Money is live on public testnet - the first time users can explore using Ebisu Money to borrow dollars against restaked collateral!

As Ebisu gears up for mainnet launch, we’re excited to introduce Koi. Koi will represent and track how much a user has contributed to the Ebisu protocol.

Ebisu Finance allows users to borrow dollar-denominated credit against liquid restaking tokens (LRTs) via a decentralized stablecoin.

Liquid Restaking providers are positioned to manage the majority of ETH restaked in EigenLayer. With over 10 LRTs on the market, understanding the differences and tradeoffs among them is challenging.