Happycoin.club - Representatives of Binance Labs have listed which altcoin projects have secured their support.
The first on the list is Astherus, a liquidity hub for digital assets that are staked. The project is considered one of the largest derivatives trading platforms on the BNB network, with a TVL of $81.79 million (DeFiLlama data).Next on the list is the Cycle Network project, aimed at creating a platform capable of improving blockchain interoperability. Cycle Network offers an aggregated liquidity network without bridges, compatible with various blockchain levels. Cycle Network has successfully launched PiggyBank, the first product to attract around 300,000 users.
The third startup to receive support from Binance Labs is Dill. Binance Labs recognized it as the most scalable data accessibility initiative, and it successfully closed its pre-seed and seed investment rounds. Among the major investors are Find Satoshi Ventures and other funds.
Closing the list is EigenExplorer, a native decentralized protocol. The reasons for choosing it are not entirely clear, as it has less than 1000 users subscribed to it on the X social network prohibited in Russia, and the number of posts barely exceeds 30. Nevertheless, Binance Labs considered that it deserved their attention and support in development. Read the original article on the Happycoin.club website.
