StakeLayer, a leader in pioneering Bitcoin L2 restaking, has successfully raised over $1 million in its pre-sale, marking a significant milestone. The company’s rapid development is becoming increasingly evident within the crypto space. The community is experiencing rapid growth, and it is clear that the Bitcoin account is remarkably robust with the potential for further expansion.
Users are welcome to check out the Pre-Sale that is already live here.
What is StakeLayer?
StakeLayer is looking to introduce a novel approach that expands the functionality of Bitcoin beyond basic transactions and savings, paving the way for new applications within the Bitcoin ecosystem.
By leveraging restaking mechanisms on Bitcoin’s L2 applications, StakeLayer aims to enable participants to potentially earn rewards through Proof-of-Stake activities. This innovation broadens the utility of Bitcoin beyond the traditional Proof-of-Work consensus model.
Why StakeLayer?
Users can learn more on Twitter, Telegram and the StakeLayer Website.
About:
StakeLayer presents a novel approach to unlocking new functionalities for Bitcoin, introducing a revolutionary EigenLayer on Bitcoin. By introducing restaking on Bitcoin’s L2, it opens doors for increased capital efficiency, potential security benefits, and a wider range of applications built on the Bitcoin network.
While the project is still in its early stages, StakeLayer’s unique features hold promise for the future of Bitcoin and its integration with the evolving DeFi landscape.
ContactSam VidenStakeLayercontact@stakelayer.io
This article was originally published on Chainwire
Source: Cryptocurrency - investing.com
