How to participate in the 12 projects that Binance has prioritized for investment?
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How to participate in the 12 projects that Binance has prioritized for investment?
Binance Blockchain Week recently unveiled 12 forward-looking projects, showcasing potential and innovation in areas such as modularity, restaking, DeFi, and Layer 2.
Navigating Web3 tides with focused insightsAuthor: Viee, Core Contributor at Biteye
Editor: Crush, Core Contributor at Biteye
Tuesday will see Dubai host its annual flagship event—Binance Blockchain Week—set to take place on October 30–31, 2024, under the theme "Momentum."
Recently, Binance Blockchain Week unveiled 12 forward-looking projects demonstrating innovation and potential in modular architectures, restaking, DeFi, and Layer 2 solutions, all of which will be spotlighted during the event.
As one of the world's largest Web3 gatherings, developments around Binance Blockchain Week are closely watched. This article provides an overview of these 12 featured projects to help readers stay informed.
01 Movement @movementlabsxyz
Total Funding: $41.4 million from investors including Binance Labs, Polychain, and Hack VC
Description: Movement is a modular blockchain project based on the Move programming language, developed by Movement Labs. It is considered Ethereum’s first Move-EVM Layer 2 solution, designed to provide developers with a secure and flexible environment for building and deploying smart contracts. The resource-oriented nature of Move effectively prevents common EVM vulnerabilities such as reentrancy attacks, enhancing the security of crypto assets and addressing limitations found in existing smart contract languages like Solidity.
Participation: Incentivized testnet campaign “Movedrop”
02 Puffer Finance @puffer_finance
Total Funding: $24.15 million from investors including Binance Labs, Electric Capital, and BH Digital
Description: A decentralized native liquidity restaking protocol built on Ethereum. Puffer Finance offers innovative products such as Liquidity Restaking Tokens (LRT) and Rollup-based solutions aimed at boosting liquidity and application growth within the Ethereum ecosystem. Additionally, Puffer launched PufferDAO to empower community governance, ensuring transparency and decentralization.
Participation: Token already launched; users can participate in Season 2 staking and airdrop campaigns
03 Solayer @solayer_labs
Total Funding: $12 million from investors including Polychain, Binance Labs, and Hack VC
Description: A decentralized restaking network built on Solana, aiming to enhance bandwidth for dApps and security for Layer 1 through restaking. Users can re-stake their already-locked SOL assets on Solayer, operating similarly to EigenLayer on Ethereum. Since launching in June 2024, Solayer has rapidly gained traction, reaching $150 million in total value locked (TVL) within just two months and becoming the 13th largest protocol on Solana.
Participation: Season 2 staking incentive program (with eligibility screening required)
04 UXUY @uxuycom
Total Funding: $11.2 million from investors including Binance Labs, Bixin Ventures, and Waterdrip Capital
Description: A decentralized multi-chain trading platform aiming to onboard Telegram’s 900 million users into the multi-chain crypto ecosystem. UXUY offers a Telegram-integrated multi-chain wallet and DApp hub supporting Bitcoin, Ethereum, Solana, TRON, and TON. Its goal is to enable seamless cross-chain trading and access to various financial services. For example, the UXUY wallet allows users to easily manage and trade multiple digital assets within a single interface.
Participation: Create a UXUY Telegram wallet to earn BTC rewards
05 aPriori @aprMEV
Total Funding: $10.7 million from investors including Binance Labs, OKX Ventures, and Pantera Capital
Description: A platform focused on MEV-driven liquid staking, built on the Monad network. Monad is an Ethereum-compatible Layer 1 smart contract platform designed for high-performance parallel processing. aPriori’s innovative probabilistic validation design significantly reduces latency, making it highly compatible with Monad’s performance capabilities.
Participation: Engage in community activities; the liquid staking protocol will launch on the Monad testnet soon
06 MilkyWay @milky_way_zone
Total Funding: $5 million from investors including Binance Labs, Polychain, and Hack VC
Description: MilkyWay aims to become the central hub for modular restaking. It coordinates security via LSTs (Liquid Staking Tokens), restaking, and AVS (Actively Validated Services). Its goal is to provide cryptoeconomic security for the modular ecosystem while generating yield for users. It is often referred to as the “modular staking gateway.”
Participation: Snapshot already completed
07 Zerobase @zerobasezk
Total Funding: $5 million from investors including Binance Labs and IDG Capital
Description: A zero-knowledge proof (ZK) project aiming to build the world’s fastest proving network, optimizing speed, cost, security, and privacy. ZEROBASE generates proofs in just 300 milliseconds at a cost as low as $1, and supports Trusted Execution Environments (TEE), ensuring reliability in cybersecurity. The project encourages retail users to become node operators and stakers, broadening participation and accelerating ZK adoption. Additionally, ZEROBASE plans to integrate its zkLogin framework into the SOON platform, offering a smoother and more private login experience that protects sensitive user data such as OpenID, avatars, and email addresses.
08 Zest Protocol @ZestProtocol
Total Funding: $3.5 million from investors including Binance Labs and Trust Machines
Description: A decentralized finance (DeFi) protocol built specifically for Bitcoin, enabling Bitcoin holders to earn yield through on-chain lending. The protocol leverages Stacks, a Bitcoin Layer 2, and sBTC—a 1:1 pegged asset—to facilitate lending and earning on the Bitcoin network. Zest Protocol offers unique features, such as up to 65% APY for depositing various assets like STX and USDC. It also plans to launch new yield-generating products like BTCz, combining Babylon’s yield mechanisms with Stacks’ security.
Participation: Earn points via lending on Stacks, deposit via Bitcoin network, or join Zealy community quests
09 KiloEx @KiloEx_perp
Total Funding: Undisclosed, backed by Foresight Ventures, Binance Labs, and others
Description: A decentralized exchange (DEX) specializing in perpetual contracts, aiming to deliver a user-friendly trading experience. KiloEx supports multiple blockchains, including BNB Chain, opBNB, Manta, Taiko, and Base. It uses funding rate arbitrage to anchor perpetual contract prices to spot prices, ensuring stability and reliability in trading.
Participation: Official multi-chain trading competition, community trading events, and joint campaigns with Manta
10 OpenEden @OpenEden_Labs
Total Funding: Undisclosed, backed by Binance Labs
Description: A platform focused on tokenizing real-world assets (RWA), with its flagship product being a tokenized U.S. Treasury bill fund (TBILL). This allows users to invest in low-risk U.S. Treasuries via blockchain. OpenEden is the first and only tokenized treasury product to receive an “A” rating from Moody’s, enhancing its credibility and appeal. It has already accumulated over $100 million in TVL and plans to expand its footprint in the DeFi ecosystem through partnerships with payment providers, DeFi protocols, and crypto wallets.
11 StakeStone @Stake_Stone
Total Funding: Undisclosed, backed by Binance Labs, OKX Ventures, Skyland Ventures, and others
Description: A cross-chain liquid staking protocol designed to deliver native staking yields and liquidity to Layer 2 networks. StakeStone’s core product, STONE, is a liquid form of ETH, offering compatibility and stability. Through its Optimized Portfolio and Allocation Proposal (OPAP) mechanism, StakeStone manages the underlying assets of STONE, ensuring all adjustments go through public announcements, on-chain voting, and final execution via smart contracts. To date, StakeStone has processed over 200,000 staking and unstaking transactions, reflecting strong market activity and user engagement.
Participation: Stake on the official website to earn points and yield
12 Zircuit @ZircuitL2
Total Funding: Undisclosed, backed by Binance Labs, Pantera Capital, Dragonfly, and others
Description: An Ethereum Layer 2 network using zkRollup technology to deliver faster, cheaper, and more secure transactions. Key features include Ethereum Virtual Machine (EVM) compatibility, AI-powered sequencer-level security, and top-tier zero-knowledge performance. Zircuit’s design philosophy leverages parallel circuits and AI to enhance security, providing users with a more efficient blockchain experience.
Participation: Token already launched; users can participate in Season 2 staking and airdrop campaigns
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