Binance Labs Announces Investment in Astherus
2024-11-28 22:09:59
On November 28th, according to official news, Binance Labs announced its investment in Astherus, a multi-asset liquidity center dedicated to providing real-world yield maximization solutions for cryptoassets. Astherus' flagship product, AstherusEarn, combines institutional-grade security to provide high-yield strategies across multiple blockchains and protocols.
It is reported that Astherus uses a modular DeFi infrastructure solution, and its dApp layer allows users to unlock asset utility through applications such as derivatives trading and stablecoin yield farming. The DeFi infrastructure layer aggregates liquidity and supports broader applications such as stablecoin protocols and derivatives clearing houses.
In the future, Astherus plans to launch a dedicated DeFi Layer-1 blockchain, AstherusLayer, which supports multi-asset staking and uses BNB as a gas fee. With this new round of financing, Astherus will accelerate product development, launch innovative revenue products, and further optimize the user experience.