Restaking on Solana & IBC Everywhere

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The blockchain landscape is evolving at an unprecedented pace, and at the heart of this transformation lies a groundbreaking innovation: restaking. With the emergence of Picasso Network, a new era of cross-chain security and economic efficiency is unfolding—particularly on high-performance networks like Solana. By integrating Inter-Blockchain Communication (IBC) with a generalized restaking layer, Picasso is redefining how value, trust, and security flow across ecosystems.

This isn't just about moving assets—it's about redeploying security where it's needed most.

The Rise of Restaking on Solana

For the first time, SOL and liquid staked derivatives can now be used to secure Actively Validated Services (AVSes), including bridges, decentralized applications (dApps), and Layer 2 rollups. This marks a pivotal shift in how staked capital is utilized—not just for network consensus, but as a multi-purpose security resource.

👉 Discover how restaking unlocks passive income while boosting cross-chain security.

Traditionally, staking locks up capital in a single function: validating transactions. Restaking changes that. By allowing validators and delegators to reuse their staked assets across multiple services, restaking maximizes capital efficiency and strengthens the economic security of emerging protocols.

On Solana—home to over 290 million SOL staked (valued at ~$56 billion as of March 2024)—this capability unlocks massive potential. Picasso’s restaking infrastructure taps into this vast pool of secured value, enabling AVS operators to incentivize participation through rewards.

How It Works

When users restake their SOL or liquid staked tokens (like JitoSOL or Marinade), they’re not just earning staking yields—they’re also eligible for additional rewards from securing AVSes. These rewards come directly from the protocols that rely on decentralized validation, creating a sustainable feedback loop of security and incentive alignment.

Operators running AVS nodes are also rewarded, reinforcing a permissionless, censorship-resistant ecosystem where anyone can contribute to network integrity.

IBC: The Backbone of Omnichain Security

At the core of Picasso’s architecture is the Inter-Blockchain Communication (IBC) protocol, a trust-minimized messaging standard originally developed in the Cosmos ecosystem. Picasso extends IBC far beyond its origins, connecting it with major networks like Solana, Ethereum, and Polkadot.

This creates a generalized restaking hub—a single point from which security can be sourced and distributed across chains.

Native Interoperability Without Compromise

Unlike traditional bridges that rely on centralized custodians or complex multisig setups, Picasso leverages native verification via IBC. This means:

Cross-chain transfers become fast, secure, and seamless—without exposing users to counterparty risk or exorbitant fees. Whether you're moving tokens between Solana and Osmosis or accessing dApps on Neutron, Picasso ensures your assets remain safe and accessible.

$PICA: Fueling the Omnichain Economy

The native token of the Picasso ecosystem, $PICA, plays a central role in governance, fee distribution, and incentive alignment.

Here’s how $PICA creates value across the network:

1. Governance Participation

$PICA holders can vote on critical decisions such as AVS onboarding, protocol upgrades, and parameter adjustments. This decentralized governance model ensures the network evolves according to community consensus.

2. Bridging Fee Rewards

Stakers of $PICA earn 20% of all bridging fees generated across the network. As cross-chain activity grows, so does the revenue flowing back to token holders.

3. Staking & Restaking Incentives

By staking $PICA, users help secure Picasso’s Layer 1 infrastructure and are rewarded accordingly. Additionally, **20% of restaking benefits** are distributed to $PICA stakers—further aligning long-term incentives.

This multi-vector value accrual makes $PICA more than just a utility token—it’s a stake in the future of omnichain security.

Building a Cross-Ecosystem Security Pool

Picasso envisions a world where economic security isn’t siloed within individual blockchains but can be pooled and allocated on demand. Project creators—from AVS developers to L2 teams—can select which communities secure their services and reward them directly.

This flexibility empowers innovation while maintaining decentralization. Instead of relying on proprietary validator sets or insecure bridge models, new protocols can bootstrap trust using proven, restaked capital from diverse ecosystems.

👉 See how developers are using restaking to launch secure dApps faster.

Key Partnerships & Ecosystem Support

Picasso’s vision has attracted support from some of the most influential players in Web3:

These partnerships span liquidity providers, DeFi protocols, infrastructure builders, and venture firms—all united by the goal of advancing cross-chain interoperability and security.

Meet the Picasso App: One Interface, Infinite Possibilities

Managing cross-chain assets shouldn’t require juggling multiple wallets and bridges. The Picasso app simplifies everything:

Whether you're a Solana native looking to expand your yield options or a Cosmos user exploring new frontiers, the Picasso app brings it all together—securely and seamlessly.

👉 Start restaking your assets today with a few clicks.

Frequently Asked Questions (FAQ)

Q: What is restaking?
A: Restaking allows users to reuse their already-staked assets (like SOL or liquid staked tokens) to secure additional services such as bridges or dApps. This increases capital efficiency and enables users to earn multiple streams of rewards.

Q: How does Picasso use IBC?
A: Picasso enhances the IBC protocol by extending its reach beyond Cosmos, enabling trustless communication between Solana, Ethereum, Polkadot, and other ecosystems. This allows for secure, native-level interoperability without custodial risks.

Q: Can I earn rewards by staking $PICA?
A: Yes. $PICA stakers earn 20% of bridging fees and 20% of restaking benefits. They also participate in governance and help secure the Picasso L1 network.

Q: Is Picasso non-custodial?
A: Absolutely. All operations—bridging, restaking, and staking—are non-custodial. You retain full control of your private keys and assets at all times.

Q: Which networks does Picasso support?
A: Currently integrated with Solana and Cosmos via IBC, with plans to expand to Ethereum, Polkadot, and other Layer 1 networks.

Q: How is Picasso different from EigenLayer?
A: While EigenLayer pioneered restaking on Ethereum, Picasso brings similar capabilities to Solana and other ecosystems through IBC integration. It focuses on omnichain restaking rather than being chain-specific.

By merging restaking with cross-chain interoperability, Picasso Network is setting a new standard for decentralized security. As blockchain ecosystems continue to fragment, solutions like Picasso ensure they remain connected, resilient, and economically aligned.