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#Binance Labs invests in #Puffer to support Decentralized Liquid Restaking.
#BinanceLabs invests in Puffer Finance, an #Ethereum-based liquid restaking protocol built on EigenLayer. Binance Labs has not disclosed the investment amount, but it states that Puffer will use the funds to develop its #Layer2 network, operating as an EigenLayer Actively Validated Service.
Furthermore, the funds will facilitate the introduction of Puffer's native liquid restaking token, pufETH, to BNB Chain users, allowing them to earn staking and restaking rewards.
đ binance.com/en/blog/ecosystem/binance-labs-invests-in-puffer-to-support--the-next-generation-of-decentralized-liquid-restaking-5382326849903026647
#BinanceLabs invests in Puffer Finance, an #Ethereum-based liquid restaking protocol built on EigenLayer. Binance Labs has not disclosed the investment amount, but it states that Puffer will use the funds to develop its #Layer2 network, operating as an EigenLayer Actively Validated Service.
Furthermore, the funds will facilitate the introduction of Puffer's native liquid restaking token, pufETH, to BNB Chain users, allowing them to earn staking and restaking rewards.
đ binance.com/en/blog/ecosystem/binance-labs-invests-in-puffer-to-support--the-next-generation-of-decentralized-liquid-restaking-5382326849903026647