• 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

Nvidia's CEO Clarifies Investment Plans in OpenAI

chest

Nvidia's CEO Jensen Huang clarifies that the company has not made a firm commitment to invest $100 billion in OpenAI, stating it was merely a potential upper limit for consideration.

user avatarLucas Weissmann

India's Bold Move: Zero Taxes for AI Cloud Services Until 2047

chest

India has announced a groundbreaking tax incentive for foreign cloud providers, offering zero taxes until 2047 for services run from Indian data centers and sold internationally.

user avatarMohamed Farouk

Global Tech Giants Invest Billions in India's AI Infrastructure

chest

Global tech giants are investing billions in India's AI infrastructure following a zero tax policy for AI cloud services.

user avatarDiego Alvarez

Investor Interest in SpaceX Surges Ahead of Potential IPO

chest

Investor interest in Kevin Moss's fund surged following news of SpaceX's potential IPO, leading to a significant increase in fund inflows.

user avatarTomas Novak

Moss's Fund Prepares for Market Test with Upcoming IPOs

chest

Kevin Moss's fund is preparing for a market test as several portfolio companies are set to launch IPOs in 2026.

user avatarFilippo Romano

Kevin Moss's Private Shares Fund Invests Heavily in SpaceX

chest

Kevin Moss's investment fund has made a significant investment in SpaceX, positioning it as the fund's top holding.

user avatarEmily Carter

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.