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Coin Edition 2024-11-29 06:30:00

Binance Labs Invests in Astherus’ Modular Blockchain for DeFi Growth

Astherus is preparing to launch AstherusLayer, a Layer-1 blockchain for DeFi that uses BNB as gas. AstherusEarn integrates high-yield strategies with institutional-grade security to enhance DeFi returns. Binance Labs has made over 250 investments, focusing on DeFi, gaming, artificial intelligence, and tokenization. Binance Labs, the venture capital and incubation arm of Binance, has invested in Astherus , a liquidity hub designed to optimize real yield across decentralized finance (DeFi) platforms. Binance Labs has invested in Astherus. Astherus seeks to address inefficiencies in DeFi by focusing on maximizing the real yield of assets and plans to launch AstherusLayer, a Layer-1 blockchain for DeFi, which will support multi-asset staking and utilize BNB as gas fees.… — Wu Blockchain (@WuBlockchain) November 28, 2024 Read also: Binance Labs Announces Season 7 Incubated Projects With this new funding, Astherus will tackle inefficiencies in DeFi by focusing on profitable returns and innovative blockchain infrastructure. This investment is consistent with Binance Labs’ support for projects that improve the functionality and accessibility of the DeF… The post Binance Labs Invests in Astherus’ Modular Blockchain for DeFi Growth appeared first on Coin Edition .