StakeLayer is a Bitcoin Restaking Layer 2 solution that enhances Bitcoin's utility by enabling staking and yield aggregation for additional rewards across decentralized finance applications. More
| Fully Diluted Valuation | $205,165 |
|---|---|
| 24H Trading Volume | $226 |
| 24H Low / High | $0.00004545000000000001 / $ 0.00004920000000000001 |
| Circulating Supply | 988.06M |
| Total Supply | 4.17B |
| Max Supply | 4.17B |
| Categories | Cross-chain Communication 3 more |
|---|---|
| Founder | Anonymous |
| Website | stakelayer.io Whitepaper |
| Socials | |
| Chains | Binance-smart-chain Ecosystem |
| Explorer | Binplorer 2 more |
| Contracts |
0xde8....cab86
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| Name | Pair | OG Score |
|---|
StakeLayer is a groundbreaking platform designed to enhance Bitcoin's role within the broader crypto ecosystem. By introducing a unique Bitcoin Restaking Layer 2 solution, StakeLayer addresses the limitations of Bitcoin's current use, expanding its utility beyond just transactions and a store of value.
What Makes StakeLayer Different?
The main innovation of StakeLayer is its ability to allow Bitcoin holders to participate in staking activities. In traditional Bitcoin networks, users can only store or transact Bitcoin, but StakeLayer allows Bitcoin to be staked, increasing its use and adding new opportunities for rewards. This is done through a combination of Bitcoin and StakeLayer tokens being staked to ensure the security of the network.
How Does StakeLayer Work?
StakeLayer’s ecosystem is built to help Bitcoin holders unlock additional rewards through decentralized finance (DeFi) applications. It uses a Proof-of-Stake mechanism across multiple applications, creating a new layer of activity for Bitcoin that was not possible before. With StakeLayer, users can earn returns on their holdings by engaging in this staking process.
StakeLayer’s Yield Aggregator
StakeLayer offers a yield aggregator, which is designed to maximize returns on digital assets. Through its vault system and strategic yield aggregation, users can earn rewards in a secure and transparent manner. The platform autonomously manages these investments to ensure users get the most out of their digital assets.
Why StakeLayer Matters
As the first-ever Bitcoin Restaking Layer 2 solution, StakeLayer is helping to drive Bitcoin’s evolution from a store of value to an active participant in decentralized finance. By allowing Bitcoin to be staked and earn rewards, StakeLayer provides a new way for Bitcoin holders to engage with the growing DeFi space and maximize the potential of their digital assets.
In conclusion, StakeLayer is a unique solution that unlocks the full potential of Bitcoin by integrating it into the broader world of decentralized finance, offering users the chance to earn additional rewards and further enhance Bitcoin’s utility.
StakeLayer is unique for being the first-ever Bitcoin Restaking Layer 2 solution, allowing Bitcoin holders to stake their Bitcoin and StakeLayer tokens for additional rewards. This enhances Bitcoin’s utility beyond simple transactions and storage, integrating it into decentralized finance (DeFi) applications.
The specific founders of StakeLayer are anonymous.
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