According to ChainCatcher, Binance Labs announced the incubation of the first batch of projects in the seventh season, including the pledged asset liquidity protocol Astherus, the chain abstraction liquidity aggregation protocol CYCLE NETWORK, the scalable data availability network DILL and the EigenLayer-based data and DeFi system EigenExplorer.
Astherus: a liquidity hub for staked assets such as Liquid Staking Tokens (LST) and Liquid Restaking Tokens (LRT);
CYCLE NETWORK: A universal, secure and verifiable chain abstraction that provides a bridge-free aggregated liquidity network compatible with all blockchains, including L1, L2, EVM and non-EVM chains, ensuring security and verifiability.
DILL: The most scalable data display availability network, fully compatible with the Danksharding roadmap.
EigenExplorer: EigenLayer's first native decentralized financial protocol, designed to improve the flexibility and efficiency of the DeFi ecosystem.
