🚀 Excited to announce that FluxLayer has officially joined Binance Labs Incubation S7! 🌟 Despite the market dip, our dedication to build remains unwavering.
🔹 We are pioneering the Omni-Chain Intent Liquidity Layer.
🔹 Powered by the innovative @eigencloud.
🔹 Proudly incubated by @BinanceLabs.
Stay tuned for more updates! 🚀💡
Despite the turbulence in the crypto market, Binance Labs remains committed to supporting projects that are developing innovative technology and meaningful use cases to shape the future of Web3.
We’re excited to unveil the second batch of projects that we have admitted into Season 7 of the Binance Labs Incubation Program, listed alphabetically below:
@0xAarc@fluxlayer_io@ton_tongames
Please note that Incubation admission does not equate to Labs investments.
Learn more about these projects in the thread 👇
The evolution is here. The age of verifiable apps has begun.
Introducing EigenCloud, a platform for verifiable apps, services, and AI, built on EigenLayer, secured by the EIGEN token. ☁️
Crypto has spent a decade building trustless infrastructure.
Now it's time to build on it.
💥We're thrilled to announce that FluxLayer has been approved for the EigenLayer Seed Grant and is entering a long-term strategic partnership with @eigencloud.
We're now actively seeking teams and individuals interested in the cross-chain solver space — a high-potential, emerging frontier in decentralized infrastructure. 💎
Let’s shape the future of omni-chain intent execution — together.
Redistribution is now live on Testnet.
AVSs can now redirect slashed funds instead of burning them, enabling new use cases like lending and insurance protocols.
Live on Holesky, Sepolia, and Hoodi Testnets.
Mainnet coming soon.
More details 🧵
@eigencloud just launched slashing. As a seed grant partner, we will be implementing it to enhance the AVS network security. Congrats on feature complete.
Slashing goes live on mainnet today! 🥳
The protocol is now feature-complete.
Programmable trust is no longer a concept. It’s code.
Let’s talk about what this unlocks & why it matters. 🧵
Slashing goes live on mainnet today! 🥳
The protocol is now feature-complete.
Programmable trust is no longer a concept. It’s code.
Let’s talk about what this unlocks & why it matters. 🧵
Hi Avivhal, in FluxLayer, we are building Omni-Chain Intent Liquidity Layer. The first ILaaS (Intent Liquidity as a Service) on EigenLayer AVS. The BTC bridge will be one of the big cases. DM open.
Traction:
- Winner of EigenLayer Hackaton in June 2024
- BN Labs incubation program S7 https://t.co/v6XNFHlXjQ
🚀 Excited to announce that FluxLayer has officially joined Binance Labs Incubation S7! 🌟 Despite the market dip, our dedication to build remains unwavering.
🔹 We are pioneering the Omni-Chain Intent Liquidity Layer.
🔹 Powered by the innovative @eigencloud.
🔹 Proudly incubated by @BinanceLabs.
Stay tuned for more updates! 🚀💡
Coming Soon: AVS Rewards and EIGEN Programmatic Incentives
Read the full details in the blog post here: https://t.co/bJUFIUfMvL
--- Summary Below ---
• Actively Validated Services (AVSs) are gaining the ability to reward stakers and operators.
• At least 4% of EIGEN's total supply will be distributed to stakers and operators via upcoming programmatic incentives.
• These incentives will be distributed via "rewards-boosts" in which stakers and operators will receive EIGEN in proportion to the amount of rewards distributed to them by AVSs.
• Stakers and operators that support more AVSs will tend to receive more EIGEN programmatic emissions.
• This rewards-boost program is designed to kickstart the rewards flywheel and enable price discovery even if initial AVS rewards are low.
• Separate from the programmatic incentives program, the Season 2 stakedrop will reward current stakers and operators.
• Details on Season 2 will be announced by the Eigen Foundation soon.
Despite the turbulence in the crypto market, Binance Labs remains committed to supporting projects that are developing innovative technology and meaningful use cases to shape the future of Web3.
We’re excited to unveil the second batch of projects that we have admitted into Season 7 of the Binance Labs Incubation Program, listed alphabetically below:
@0xAarc@fluxlayer_io@ton_tongames
Please note that Incubation admission does not equate to Labs investments.
Learn more about these projects in the thread 👇