Innovation Arm Bingx Labs of Crypto Exchange Bingaks has invested $ 10 million in Stakstone to support the development of omnichen liquidity stacking and stacking applications.
Partnership Recording liquidity infrastructure, optimizing capital efficiency, and expanding cross-chain asset protocols in decentralized finance.
The Defi blockchain refers to financial services manufactured on the network, allowing users to lend, borrow and trade without traditional banks. The liquidity stacking allows crypto holders to earn prizes by closing assets to help secure a network. Omnichain liquidity stacking takes it forward by enabling stacking in many blockchain networks, making it more efficient.
Cooperation will focus on three major areas:
- Increasing liquidity infrastructure: Improvement in systems that allow spontaneous movement of assets between different blockchains.
- Capital efficiency optimization: To ensure that stacked assets produce maximum returns.
- Extension of Cross-Chain Asset Protocol: Develop new methods to facilitate asset transfers between blockchain networks.
The liquidity stacking derivatives, which allows users to stake the property while retaining the liquidity, has gained popularity as investors want more flexible income solutions. A new category within the Defi creates statingfi, creating additional financial equipment that improves capital use on stating.
Vivian Lynn, head of Bingx Labs, Omyonichane stacking technology of Stakstone is called “Leap forward” for stackingfy applications.
Initially, the ecosystem of funding stakestone will support research in cases of development, product integration and new staking use. The purpose of the partnership is to promote blockchain education and to provide encouragement to develop the stakingfi community.
