Astherus is a decentralized finance platform focused on maximizing real income for digital assets, with investment from Binance Labs, the venture capital and incubator arm of Binance
On November 28, Binance Labs declared its intention to invest in the multi-asset liquidity hub.
Astherus will be able to improve user experience, launch new yield-generating goods, and speed up product development thanks to the funding. With this funding, the platform will be able to streamline DeFi interactions and broaden its yield methods, giving consumers access to long-term profit prospects.
“Astherus’ strategy for increasing asset usefulness and real income is consistent with Binance Labs’ dedication to supporting initiatives that develop significant technologies and propel ecosystem expansion. We are thrilled to help Astherus provide more value to DeFi consumers throughout the globe,” stated Nicola W., Binance Labs’ investment director.
For the advantage of DeFi consumers, Astherus provides multi-chain yield solutions that combine high yields with institutional-grade security. AstherusEarn, its primary project, introduces applications such as derivatives trading and stablecoin yield farming.
With more initiatives, such as AstherusLayer, a specialized layer-1 blockchain that allows multi-asset staking and uses BNB as gas costs, the team intends to expand its DeFi ecosystem.
Founded in 2018, Binance Labs has invested in over 250 projects, including Injective, Sui, Celestia, and OpenEden. It has also recently supported leading Bitcoin staking providers and TON blockchain initiatives.
