[PRESS RELEASE – London, UK, October 8th, 2024] StakeLayer has announced the launch of its Cross-Chain Restaking Protocol, a solution which offers users the ability to restake their assets across multiple blockchains, including Bitcoin, Ethereum, Solana, TON, and more.
StakeLayer’s native token, $STAKELAYER, is set to debut on Wednesday, October 9th at 2 PM UTC. The team announced on their X page that TGE and the listing of $STAKELAYER will mark a significant milestone for StakeLayer and the broader DeFi community.
StakeLayer introduces a Multichain EigenLayer– a solution that introduces Restaking for Bitcoin, Solana, Ton and other chains users and hopes to advance user interaction onchain.
Similar to the EigenLayer on Ethereum, StakeLayer utilizes a restaking mechanism cross-chain. This enables holders to earn additional rewards on their holdings by participating in Proof-of-Stake activities on various applications.
Pioneering Cross-Chain Restaking Protocol, StakeLayer, Set to L

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