Binance Labs, the venture capital and incubation arm of Binance, has invested in Puffer, a decentralized and permissionless native liquid restaking protocol (nLRP) that combines Ethereum liquid staking with native restaking on EigenLayer. The invested funds will be used “to develop Puffer’s open-source technologies, its nLRP, and novel actively validated services (AVSs) built as part of Puffer’s verticalized infrastructure including a Layer 2 (L2).” Puffer will bring its native liquid restaking token (nLRT) to BNB
Binance Labs Invests in Puffer to Enable Decentralized Liquid Restaking
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