#BinanceLabs the venture capital and incubation arm of Binance, has invested $10 million in #Helio a liquid staking platform built on the #BNChain ☀️
The investment will help Helio expand to other chains, with Ethereum and prominent layer-2s like #ARBITRUM and #zkSync being the closest destinations. Helio allows users to stake their tokens and earn rewards while still maintaining liquidity.
This makes it a valuable tool for users who want to participate in DeFi without locking up their assets. The investment from Binance Labs will help Helio to reach a wider audience and grow its user base. ⚡
In addition to expanding to other chains, Helio will also use the investment to develop new features and improve its user experience. The goal is to make Helio the most user-friendly and accessible liquid staking platform on the market. This investment is a sign of Binance
Labs' confidence in Helio and its potential to revolutionize the DeFi landscape. With Binance Labs' support, Helio is well-positioned to become the leading liquid staking platform in the world.
