• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Binance Labs Supports Astherus Development in DeFi Space

user avatar

by Giorgi Kostiuk

a year ago


Binance Labs announced its investment in Astherus, a platform aimed at optimizing DeFi interactions and offering sustainable profit opportunities. What exactly is Astherus and how does it stand out in the DeFi landscape?

What is Astherus?

Astherus is designed as a multi-asset liquidity hub focused on maximizing the real yield of crypto assets. The platform offers DeFi users a range of opportunities for high returns through multi-chain yield strategies, while ensuring institutional-grade security. Astherus bridges centralized and decentralized finance with a CeDeFi-based automated yield pool called AstherusEarn.

Core Components of Astherus

Astherus operates on a modular structure enhancing ecosystem scalability and flexibility. Key layers include:

* **dApp Layer**: Hosts decentralized applications like AstherusEX and AstherusEarn, enabling users to generate yield. * **DeFi Infrastructure Layer**: Aggregates liquidity from multiple asset pools, supporting stablecoin protocols and derivatives clearinghouse. * **AstherusLayer (Layer-1 Blockchain)**: A dedicated blockchain for DeFi, supporting multi-asset staking with BNB as gas fees.

Future Growth of Astherus

Looking ahead, Astherus plans to expand its ecosystem with the development of AstherusLayer, a Layer-1 blockchain for DeFi applications. Binance Labs, known for strategic investments in over 250 projects, sees significant potential in Astherus. Nicola W., investment director at Binance Labs, stated: "Astherus' approach to enhancing asset utility and real yield aligns with Binance Labs’ commitment to backing projects building meaningful technology."

Astherus, backed by Binance Labs, aims to simplify access to DeFi strategies while ensuring security and high returns. The platform's development could be pivotal in transforming digital financial services.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Lack of Institutional Support Raises Questions on Bitcoin Price Predictions

chest

The absence of official statements from industry leaders and regulatory bodies casts doubt on Bitcoin's price forecasts.

user avatarMiguel Rodriguez

Ethereum's Role as a Neutral Arbitrator Highlighted

chest

Adriano Feria highlights Ethereum's role as a network of economic actors and a neutral arbitrator, emphasizing its significance beyond just technology.

user avatarLuis Flores

Japan's Trade Data Reveals Mixed Economic Signals

chest

Japan's trade data for November showed a 6.1% year-over-year increase in exports, surpassing economists' forecasts, but revised GDP numbers indicated a contraction of 0.6% in Q3.

user avatarArif Mukhtar

Binance Temporarily Suspends LUNC Deposits and Withdrawals for Network Upgrade

chest

Binance has announced a temporary suspension of deposits and withdrawals for Terra Classic LUNC to facilitate a significant network upgrade.

user avatarMaria Gutierrez

US Government Launches Tech Force to Bridge Skills Gap

chest

The US government has launched the Tech Force initiative to address critical skills gaps in technology sectors.

user avatarDavid Robinson

Nasdaq to Introduce 23-Hour Trading by 2026

chest

Nasdaq is set to extend its weekday stock trading hours to 23 by the second half of 2026, pending regulatory approval.

user avatarAndrew Smith

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.