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🚀 BNB Chain Opens Deposits for First Liquidity Restaking Token $ynBNB

According to a post on X (formerly Twitter) by BNB Chain, deposits for $ynBNB, the first liquidity restaking token (LRT) on BNB Chain, are now open. Supported by EigenLayer, $ynBNB is issued by YieldNest, a liquidity restaking protocol. Participants who restake their $slisBNB on YieldNestFi will receive $ynBNB, along with a 5x Seeds Boost, accumulating rewards and points from selected protocols.This marks a significant development for users seeking to maximize their staking rewards and further participate in the BNB Chain ecosystem.

#BNBChain #ynBNB #liquidityrestaking #YieldNest #EigenLayer #stakingrewards #crypto #blockchain
🚀 Swell To Launch Private Beta Testnet Before Swell L2 Release

According to Foresight News, liquidity re-staking platform Swell has announced plans to launch a private beta testnet before the release of Swell L2. This initiative aims to facilitate the partial integration of DApp collaborations. The official statement indicates that this beta version will serve as a method to test the stability of the L2 platform. Additionally, it seeks to enable some integrations to go live, showcasing the results of Swell's partnerships to users.

#Swell #PrivateBeta #Testnet #L2Release #LiquidityReStaking #DApp #Integration #Partnerships