London, UK, 8 April 2024, Chainwire
StakeLayer, the pioneering Restaking platform powered by L2, has hit a significant milestone by efficiently closing two phases of its presale and securing over $500,000 in funding.
Throughout the pre-sale, early contributors have the chance to buy $STAKE – the native token of the StakeLayer ecosystem. Holders will be capable to use their tokens to doubtlessly earn extra rewards from vaults and take part in DeFi actions.
StakeLayer’s ground-breaking EigenLayer for Bitcoin represents a paradigm shift within the Bitcoin Layer 2 surroundings, revolutionizing interactions with the main cryptocurrency by progressive restacking capabilities. The Token Era Occasion is scheduled for Q2 2024.
StakeLayer, impressed by ‘s EigenLayer, implements a recalculation mechanism tailor-made particularly for Bitcoin. This mechanism permits Bitcoin holders to unlock extra rewards by actively collaborating in Proof-of-Stake actions in numerous purposes embedded within the Bitcoin L2.
By seamlessly integrating Proof-of-Stake into the Bitcoin ecosystem, StakeLayer is pioneering a transformative method that will increase capital effectivity and safety whereas increasing the utility of Bitcoin.
Key advantages of StakeLayer embrace:
- Enhanced Safety: The resacking framework launched by StakeLayer has the potential to strengthen the general safety of the Bitcoin ecosystem.
- BTC Mirror Mechanism: StakeLayer facilitates seamless interplay with DeFi protocols with out the necessity for off-chain $BTC transfers.
- Improved capital effectivity: StakeLayer permits Bitcoin holders to optimize returns and thereby improve capital effectivity.
Regardless of being in its early phases, StakeLayer’s distinctive options and promising trajectory underline its potential to reshape Bitcoin’s evolution and seamlessly combine it into the dynamic DeFi panorama.
Customers can take part within the Pre-Sale through this hyperlink
About StakeLayer
StakeLayer represents a brand new method to unlocking new options for Bitcoin and introduces the revolutionary EigenLayer on Bitcoin. By introducing restaking to Bitcoin’s L2, it opens the door to elevated capital effectivity, potential safety advantages, and a wider vary of purposes constructed on the Bitcoin community.
ContactSam Seencontact@stakelayer.io
This text was initially revealed on Chainwire
