London, UK, April 4, 2024, Chainwire

StakeLayer, a pioneer in L2 restaking options, has introduced the pre-sale distribution of $STAKE, the native token that powers the platform. This presale marks an vital milestone in StakeLayer's mission to unlock the potential of DeFi for Bitcoin customers.

$STAKE serves because the spine of the StakeLayer ecosystem and allows varied DeFi actions on the Bitcoin community.

The pre-sale supplies early adopters the chance to spend money on $STAKE earlier than public buying and selling begins on the token technology occasion scheduled for Q2 2024.

The person is Click on right here for advance gross sales.

stake layer Introducing the revolutionaries Bitcoin EigenLayer. This new Layer 2 resolution introduces restaking to Bitcoin holders and is poised to rework how customers work together with Bitcoin.

highway to the longer term

Just like EigenLayer, StakeLayer makes use of Bitcoin's re-staking mechanism. This enables Bitcoin holders to probably earn extra rewards on their holdings by taking part in proof-of-stake actions in varied functions constructed on prime of Bitcoin's Layer 2.

$STAKE tokenomics proven beneath, 20% will likely be allotted to pre-sale distribution.

Potential advantages of StakeLayer

• Elevated capital effectivity: StakeLayer permits Bitcoin house owners to probably earn extra rewards on their holdings, growing capital effectivity.
• Enhanced safety: The re-staking mechanism has the potential to contribute to the general safety of the Bitcoin ecosystem.
• Alternatives for innovation: StakeLayer opens the door for builders to construct new functions on prime of Bitcoin's L2 that leverage PoS capabilities.
• Stakelayer has introduced new updates and plans to launch the platform quickly. For extra data, customers can go to her StakeLayer Telegram group.

About stake layers

StakeLayer introduces the revolutionary EigenLayer to Bitcoin, providing a novel strategy to unlocking new capabilities in Bitcoin. Introducing restaking to Bitcoin's L2 opens the door to improved capital effectivity, potential safety advantages, and a variety of functions constructed on prime of the Bitcoin community.

Though the mission remains to be in its early levels, StakeLayer's distinctive capabilities allow its integration with the way forward for Bitcoin and the evolving DeFi setting.

contactSam Viden[email protected]

This text was initially revealed on Chainwire