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Astherus Receives Investment from Binance Labs for DeFi Simplification

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2 hours ago


Binance Labs announced its investment in Astherus, a liquidity hub aimed at simplifying DeFi interactions and creating sustainable profit opportunities.

What is Astherus?

Astherus is designed as a multi-asset liquidity hub focusing on maximizing the real yield of crypto assets. The platform offers DeFi users a variety of opportunities to generate high returns through multi-chain yield strategies, ensuring institutional-grade security. Astherus aims to bridge the gap between centralized and decentralized finance with its CeDeFi automated yield pool, AstherusEarn.

Core Components of Astherus

Astherus operates on a modular layer structure designed to enhance the ecosystem's scalability and flexibility. These layers include:

- **dApp Layer**: This layer hosts decentralized applications (dApps) like AstherusEX and AstherusEarn, which provide users with essential utilities for yield farming and other DeFi strategies. - **DeFi Infrastructure Layer**: This module aggregates liquidity from multiple asset pools to support the growth of Astherus's ecosystem. It facilitates the creation of stablecoin protocols and a derivatives clearinghouse, aiding developers in building their own applications on the platform. - **AstherusLayer (Layer-1 Blockchain)**: Astherus is developing its own Layer-1 blockchain with a DeFi focus. It will support multi-asset staking and the use of BNB for gas fees.

Astherus in CeDeFi Strategy

AstherusEarn is central to the platform's strategy, combining features from centralized and decentralized finance to maximize returns. With AstherusEarn, users can participate in stablecoin yield farming, derivatives trading, and earn strategies. Ceffu, a trusted custodian, ensures user asset security while generating returns.

Astherus plans to further expand its ecosystem by developing AstherusLayer, a Layer-1 blockchain tailored for DeFi applications. Binance Labs views Astherus as a high-potential project to enhance asset utility and real yield in the DeFi market. Nicola W., investment director at Binance Labs, highlights Astherus' approach as aligning with the company's commitment to supporting projects with meaningful technology.

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