YieldNest Liquidity Rehypothecation Protocol Launches ynBNB on BNB Chain
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September 11, 2024
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YieldNest, a liquidity re-staking protocol backed by EigenLayer, has announced the launch of ynBNB, the first liquid re-staking token on the BNB Chain. YieldNest states that it aggregates all potential revenue sources and provides access to re-staking platforms such as Kernel Protocol, Karak, and Binominal. Re-staking participants will accumulate rewards and points from their chosen protocols. (Coindesk)
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