BINANCE LABS INVESTS IN ASTHERUS TO MAXIMIZE THE REAL YIELD OF ASSETS IN DEFI - Binance Labs has announced a strategic investment in a multi-asset liquidity hub Astherus Hub. - The venture capital and incubation arm of Binance will help Astherus accelerate product development, introduce innovative yield-generating products, and enhance user experience through funding. Maximizing Real Yield of Assets for Users: - Astherus is dedicated to addressing the inefficiencies in DeFi by focusing on maximizing the real yield of assets, offering sustainable and tangible income while also enhancing liquidity and utility in the ecosystem. - Its flagship product, AstherusEarn, alongside its dApp layer, allows users to unlock asset utility through applications like stablecoin yield farming and derivatives trading. - Moving forward, the protocol plans to launch AustherusLayer, a Layer-1 blockchain for DeFi, which will support multi-asset staking and leverage $BNB as gas fees. - Through Binance Labs' funding, Astehrus can actualize its plans and improve its ecosystem with more utility and greater yield of assets for users. "Their support strengthens Astherus' vision of unlocking greater utility, yield, and opportunities, delivering tangible value to DeFi users worldwide,” Core contributor of Astherus, Dust, stated. - Since 2018, Binance Labs has focused on providing strategic support and funding to the industry's top budding projects. Astherus has become the latest to join the platform's incubator and is committed to driving growth and development in the Web3 ecosystem. Images: Binance Labs and Astherus X accounts
