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    Home » Binance Unveils the New Project It Invested in
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    Binance Unveils the New Project It Invested in

    Max BauerBy Max BauerTuesday, 30 July 2024, 15:28No Comments1 Min Read

    Binance Labs has announced its investment in aPriori, a pioneering project focused on MEV-powered liquid staking solutions on the Monad network. This investment was made through Season 6 of the Binance Labs Incubation Program, highlighting Binance Labs’ commitment to supporting innovative early-stage blockchain projects.

    aPriori is developing a unique MEV-powered liquid staking platform on the Monad network. This platform aims to decentralize Monad’s network and enhance the overall user experience by leveraging Maximum Extractable Value (MEV) mechanisms.

    Yi He, Co-Founder of Binance and Head of Binance Labs, expressed enthusiasm about the investment, stating, “Binance Labs is proud to back aPriori’s vision to pioneer MEV-powered liquid staking solutions. We are always on the lookout for early-stage projects with potential, and this investment marks our commitment to supporting pioneering projects that drive the next wave of blockchain innovation. We look forward to seeing aPriori redefine the landscape.”

    Ray, CEO of aPriori, also shared his excitement, saying, “We at aPriori are developing an MEV-powered liquid staking platform on Monad. We’re thrilled to have Binance Labs’ support as we innovate and introduce novel products uniquely designed for high-throughput, parallel EVM networks.”

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    Max Bauer
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