Binance labs put some big money into the new restaking platform Solayer. The platform aims to become one of the most important in the Solana ecosystem and is already making big waves on the space. In just two months in service the decentralized App (Dapps) already saw a massive $150 million worth in assets deposited to it and more than 86,000 unique accounts staking with them.
Binance labs is the investment arm from Binance exchange and they injection of capital means that the organization saw potential in Solayer and plan to support them all the way up. THE restake Dapp already climbed positions on the apps that secure Solana network to secure their 13 position on the leaderboard and with this speed nothing seems to stop them to climb to higher positions.
Solayer is a platform that secure the Solana ecosystem giving security and avoiding those congestions in the Blockchain while giving users ability to stake with them and earn awesome yields . Binance labs is a part of the investment arm of the Binance exchange, a platform leader on crypto trading all around the globe with enormous experience in the field and hundreds of business in their portfolio as investors.
This fund allocation by Binance will be an impulse to Solayer and help them climb the ranks on the Solana ecosystem and also provide users a way to earn yields for putting their assets to work. Remember:
CONTENT IS KING!