Binance Labs Invests in Astherus to Maximize the Real Yield of Assets for DeFi Users
Main Takeaways:
Binance Labs has invested in Astherus, a multi-asset liquidity hub dedicated to maximizing the real yield of crypto assets. By enhancing the utility of digital assets, Astherus empowers decentralized finance (DeFi) users with diverse opportunities to achieve sustainable profits and maximize returns.
Astherus seeks to address inefficiencies in DeFi by focusing on maximizing the real yield of assets, offering sustainable and tangible returns while enhancing the utility and liquidity of digital assets within the ecosystem.
AstherusEarn, Astherus’ flagship offering, combines institutional-grade security with high-yielding strategies across multiple blockchains and protocols. By bridging the best of centralized and decentralized finance, it enables users to optimize their asset performance and through reliable and scalable solutions.
Astherus’ modular approach to DeFi infrastructure sets it apart. Its dApp Layer, including AstherusEarn, allows users to unlock asset utility through applications such as derivatives trading and stablecoin yield farming. Beneath this, the DeFi Infrastructure Layer aggregates liquidity to support broader applications like stablecoin protocols and a cutting-edge derivatives clearinghouse. Looking ahead, Astherus plans to launch AstherusLayer, a dedicated Layer-1 blockchain for DeFi, which will support multi-asset staking and utilize $BNB as gas fees.
With the newly secured funds, Astherus will accelerate product development, introduce innovative yield-generating products, and further enhance the user experience. These efforts aim to broaden yield strategies while streamlining DeFi interactions, making them more intuitive and efficient for users.
“Astherus’ approach to enhancing asset utility and real yield aligns with Binance Labs’ commitment to backing projects building meaningful technology and driving growth of the ecosystem. We are excited to support Astherus in delivering greater value to DeFi users worldwide,” said Nicola W., Investment Director at Binance Labs.
“We are honored to welcome Binance Labs as a partner in our mission to maximize the real yield of assets for users. Their support strengthens Astherus' vision of unlocking greater utility, yield, and opportunities, delivering tangible value to DeFi users worldwide,” said Dust, Core Contributor of Astherus.
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About Binance Labs
Binance Labs is the leading venture capital and incubator committed to empowering early-stage projects and driving the growth and development of the Web3 ecosystem. Since our founding in 2018, we have consistently focused on the long-term, and provided strategic support and funding to projects, regardless of market cycles.
As a chain- and sector-agnostic venture capital leader in the Web3 space, we back everything from infrastructure to application layers, and our focus has consistently been on tech innovation with meaningful product-market fit and sustainable revenue models.
Binance Labs’ portfolio covers over 250 projects from over 25 countries across six continents. More than 65 of Binance Labs’ portfolio companies are projects that have gone through our incubation programs. For more information, follow Binance Labs on X.?
About Astherus
Astherus is a multi-asset liquidity hub dedicated to maximizing the real yield of crypto assets. By enhancing the utility of digital assets, Astherus empowers decentralized finance (DeFi) users with diverse opportunities to achieve sustainable profits and maximize returns.
Follow Astherus on X.
Disclaimer: The information provided in this article is intended for informational purposes only and does not constitute investment advice, endorsement, analysis, or recommendations with respect to any financial instruments, investments, or issuers. This article may contain forward-looking statements which are by nature subject to risks and uncertainties. Investment in cryptocurrency and DeFi projects involves substantial risk, including the risk of complete loss. This article does not take into account the investment objectives, financial situation, or specific needs of any particular person and each individual is urged to consult their legal and financial advisors before making any investment decisions.