London, UK, April 4, 2024, Chainwire
StakeLayer, the pioneer of Bitcoin L2 re-staking solutions, announced the pre-sale distribution of $STAKE, the native token powering the platform. This pre-sale is an important milestone in StakeLayer’s mission to unlock the potential of DeFi for Bitcoin users.
$STAKE serves as the backbone of the StakeLayer ecosystem and enables various DeFi activities on the Bitcoin network.
The pre-sale provides early adopters the opportunity to invest in $STAKE before it begins public trading at a token creation event scheduled for Q2 2024.
Users can find more details about the pre-sale here.
StakeLayer introduces the revolutionary EigenLayer for Bitcoin. This new layer 2 solution is poised to transform user interaction with Bitcoin by introducing re-staking for Bitcoin holders.
road to the future
Similar to Ethereum’s EigenLayer, StakeLayer utilizes a re-staking mechanism for Bitcoin. This allows Bitcoin holders to potentially earn additional rewards for their holdings by participating in proof-of-stake activities across a variety of applications built on Bitcoin Layer 2.
The $STAKE tokenomics presented below are 20% allocated to pre-sale distribution.
Potential Benefits of StakeLayer
- Increased Capital Efficiency: StakeLayer allows Bitcoin holders to potentially earn additional rewards for their holdings, thereby increasing capital efficiency.
- Improved Security: The re-staking mechanism has the potential to contribute to the overall security of the Bitcoin ecosystem.
- Innovation Opportunity: StakeLayer opens up opportunities for developers to build new applications on Bitcoin L2 that leverage PoS capabilities.
- Stakelayer has announced a new update and will be launching the platform soon. For more information, visit StakeLayer’s Telegram community.
Introduction to Stake Layer
StakeLayer introduces the revolutionary EigenLayer to Bitcoin, presenting a new approach to unlocking new features in Bitcoin. Introducing re-staking into Bitcoin’s L2 opens the door to increased capital efficiency, potential security benefits, and a broader range of applications built on the Bitcoin network.
Although the project is still in its early stages, StakeLayer’s unique features promise integration with the future of Bitcoin and the evolving DeFi landscape.
ContactSam Videncontact@stakelayer.io
Disclaimer: This is a sponsored press release and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment, or financial advice.