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BINANCE LABS INVESTS IN ASTHERUS TO MAXIMIZE THE REAL YIELD OF ASSETS IN DEFI - @BinanceLabs has announced a strategic investment in a multi-asset liquidity hub @AstherusHub. - The venture capital and incubation arm of @Binance will help Astherus accelerate product… https://t.co/YPdUuUR7ZO https://t.co/j6uthhXf77
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.…
🚨 BREAKING: Binance Labs invests in Astherus to help DeFi users maximize the real yield of their assets https://t.co/vY659krJzV
Kernel DAO has successfully raised $10 million in a funding round led by Binance Labs, with additional support from SCB Limited, Laser Digital, Bankless Ventures, Hypersphere, Cypher Capital, and Draper Dragon. The investment aims to enhance BNB's economic security and foster innovation within the decentralized applications (dApps) and broader crypto ecosystem. In a separate development, Binance Labs has also invested in Astherus, a project focused on maximizing the real yield of assets in decentralized finance (DeFi). Astherus plans to launch AstherusLayer, a Layer-1 blockchain designed for DeFi, which will support multi-asset staking and utilize BNB for gas fees.