As the crypto market fluctuates back and forth, market players continue their efforts to improve themselves. For this, it is important to receive investments from leading companies. Binance Labs, which attracts attention especially with its investments in the market, increased the excitement by announcing that it has invested in a new crypto project.
Binance Labs announced its investment in aPriori
Binance Labs, the investment arm of the world’s largest cryptocurrency exchange, announced an investment in the Monad ecosystem project aPriori through an incubation program. The project focuses on developing a liquidity pledge solution on Monad driven by miner extractable value (MEV). The new funding round will enable aPriori to expand its team, accelerate research and development, strengthen security protocols, and further optimize Blockchain performance to cope with large-scale adoption.
Commenting on the move, Yi He, Binance Co-Founder and Head of Binance Labs, said, “Binance Labs is proud to support aPriori’s vision to pioneer MEV-powered liquid staking solutions. We are always looking for early-stage projects with potential, and this investment demonstrates our commitment to supporting pioneering projects that drive the next wave of Blockchain innovation. We also look forward to seeing aPriori redefine the landscape.”
Leading crypto exchange expands Launchpool rewards
As you have been following on Kriptokoin.com, Binance has announced a significant expansion of its Launchpool reward system. This latest development bridges the gap between centralized and decentralized finance, providing users with new opportunities to maximize their earnings. Starting with the next Launchpool event, the platform will include decentralized BNB assets held in Web3 wallets in its reward calculations.
Under this new policy, users holding decentralized BNB assets supported in Web3 MPC (Multi-Party Computation) wallets will see these assets count towards their total BNB holdings for Launchpool rewards. The move aims to provide more opportunities for users to earn rewards and participate in new token launches. The integration extends beyond the Launchpool platform, with the exchange confirming that Megadrop and HODLer airdrops will also recognize decentralized BNB assets. This expansion demonstrates the growing adoption of decentralized finance (DeFi) principles in Binance’s ecosystem.
Going forward, they have indicated plans to potentially support a wider range of decentralized BNB assets. These could include BNB tokens pledged for liquidity on various protocols, tokens providing liquidity from decentralized exchanges (DEXs), interest-bearing tokens from lending platforms, and revenue tokens from yield-generating protocols.
Follow us on Twitter, Facebook and Instagram, and join our Telegram and YouTube channelto stay up to date with breaking news !
