EigenLayer on Bitcoin, StakeLayer Announced The Pre-Sale Distribution

, the native token powering their platform. This pre-sale marks a significant milestone in StakeLayer's mission to unlock the potential of DeFi for Bitcoin users.

The pre-sale offers an opportunity for early adopters to invest in $STAKE before it opens for public trading at the Token Generation Event scheduled for Q2 2024utilizes a restaking mechanism for Bitcoin. This enables Bitcoin holders to potentially earn additional rewards on their holdings by participating in Proof-of-Stake activities on various applications built on Bitcoin's Layer 2.

Enhanced Security: The restaking mechanism has the potential to contribute to the overall security of the Bitcoin ecosystem.

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