Key Points:
This season’s selection includes the pledge asset liquidity protocol Astherus, the chain abstraction aggregation liquidity network CYCLE NETWORK, the scalable data availability network DILL, and the EigenLayer-based DeFi protocol EigenExplorer.
Astherus is a pledge asset liquidity protocol that aims to revolutionize how users manage and use assets in DeFi. It provides improved liquidity solutions to help unleash asset potential, making it a great enabler. This is one of the reasons it has been pinned as one of the most promising additions to the Binance Labs Fund incubation roster.
CYCLE NETWORK is a unique concept for liquidity on multi-blockchain platforms. The project aims to make dealing with users easier and improve their experience by providing a seamless solution for liquidity that allows users to be connected to different blockchain networks.
Read more: Binance Labs Invests Pluto Studio Telegram-Based Web3 Game Catizen!
DILL is an on-chain, scalable data availability network that tackles one of the most critical challenges in the blockchain space: ensuring data remains available across all scale boundaries. DILL ensures that data remains available and reliable, thus providing a robust infrastructure for dApps and services built on blockchains.
EigenExplorer, based on EigenLayer technology, is a DeFi protocol designed to improve data and liquidity management across the DeFi ecosystem. It builds on EigenLayer and aims to provide a holistic solution for better efficiency and security to DeFi users.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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