🍀Binance Labs announced that it has invested in StakeStone to support the Omnichain liquidity distribution network.
🍀Binance Labs, the venture capital and incubation arm of Binance, has invested in StakeStone, a staking protocol designed to connect multi-chain liquidity and provide staking, future re-staking returns and liquidity to emerging chains and ecosystems.
“🍀Leveraging STONE, a yield-generating ETH token, StakeStone brings native staking returns and liquidity to Layer 2 (L2) networks.
🍀Designed with a highly scalable architecture that facilitates compatibility with multiple staking underlying assets, supporting ETH POS staking, Eigenlayer repurchase including LRT, LST repurchase and local repurchase, and all emerging staking asset types.”