Bingx Labs, the innovation -arm of Crypto Exchange Bingx, has invested $ 10 million in Stakestone to support the development of Omnichain -Liquidity design and Stakingfi applications.
The partnership is intended to improve the liquidity infrastructure, to optimize capital efficiency and to expand cross-chain-chain assetrotocols in decentralized financing.
Defi refers to financial services that are built on blockchain networks, so that users can borrow, borrow, borrow and trade without traditional banks without traditional banks. Liquidity settings allow Crypto -holders to earn rewards by locking up assets to help secure a network. Omnichain -Liquidity Insurance continues this by enabling multiple blockchain networks, making it more efficient.
The cooperation will focus on three important areas:
- Improvement of the liquidity infrastructure: Improving the systems that make seamless movement of assets between different block chains possible.
- Optimize capital efficiency: To ensure that expanded assets generate maximum returns.
- Expansion of cross-chain Activerotocols: The development of new methods to facilitate assets transfers between blockchain networks.
Liquidity -insert derivatives, with which users can use assets and still retain access to liquidity, have become popular as investors look for more flexible income solutions. Stakingfi, a new category within Defi, builds on setting up by creating additional financial tools that improve capital use.
Vivien Lin, head of Bingx Labs, called Stakestone’s Omnichain strike Technology a “jump forward” for placing FI applications.
Initially, financing will support the development of ecosystem, product integration and research from Stakestone into new cases for setting. The partnership is also intended to promote blockchain education and to offer stimuli to grow the strike community.
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