Calgary, Alberta, December 5, 2024, Chainwire
The Network Foundation (ENF) is pleased to announce that Ceffu, Binance's institutional custodian partner, has supported the EOS mainnet. This partnership will provide institutional-level custodian services while unlocking new CeDeFi opportunities for EOS token holders through Binance's MirrorX integration.
Ceffu's advanced custody infrastructure allows institutions to confidently protect EOS assets using multiparty computation (MPC) and customizable authorization schemes. Through MirrorX, institutional fund managers can deploy CeDeFi strategies that leverage the best of both CEX and DeFi. By leveraging Binance's liquidity and advanced trading mechanisms, EOS token holders will have access to innovative yield solutions tailored to their institutional needs.
EOS's inclusion in the Coinbase (NASDAQ:) COIN50 Index, a global benchmark representing the top 50 digital assets listed on the Coinbase Exchange, highlights the ecosystem's growing interest and popularity with institutions . This recognition highlights EOS's position as a leading blockchain platform and a key player in the crypto economy.
“The integration of Ceffu and EOS represents an important step in building the infrastructure needed to support large-scale institutional engagement,” said Yves La Rose, Founder and CEO of EOS Network Foundation. I am. “By partnering with Ceffu, we are creating new avenues for institutions to securely participate in the EOS ecosystem and benefit from its evolving opportunities.” The enhancements have resulted in significant performance improvements. The new tokenomics strategy includes a dedicated funding bucket for middleware with a running Unicove portal that streamlines the onboarding process and improves the user experience. Additionally, the staking rewards program distributing $450 million worth of EOS has been active for over 5 months, increasing participation in EOS staking by 4x, while increasing token lock-up time from 4 days. It has been extended to the 28th. These tokenomics efforts collectively strengthen the EOS ecosystem and demonstrate its increasing robustness and attractiveness.
EOS network
EOS Network is a third-generation blockchain platform powered by EOS VM. EOS VM is a low-latency, high-performance, scalable WebAssembly engine for deterministic execution of near-free transactions. Built for the best Web3 user and developer experience. EOS is the Antelope Framework's flagship blockchain and financial center, serving as a powerhouse for multi-chain collaboration and public goods funding of tools and infrastructure through the EOS Network Foundation (ENF).
EOS Network Foundation
EOS Network Foundation (ENF) was founded with a vision for a prosperous and decentralized future. ENF is transforming Web3 through key stakeholder engagement, community programs, ecosystem funding, and support for the open technology ecosystem. Founded in 2021, ENF is the hub of the EOS Network, a leading open source platform with a stable suite of frameworks, tools, and libraries for blockchain deployment. Together, we bring community-building innovation to work toward a stronger future for everyone.
About Chef
Ceffu is a compliant, institutional-grade custody platform that provides custody and liquidity solutions that are ISO 27001 and 27701 certified and SOC2 Type 1 and Type 2 certified. Our Multi-Party Computation (MPC) technology, combined with customizable multi-authorization schemes, provides a bespoke solution that enables institutional clients to securely store and manage their digital assets. Financial institutions can also benefit from Ceffu's secure gateway to a wide range of liquidity products within the ecosystem of other exchanges. Financial institutions can also benefit from Ceffu’s secure gateway to the world’s largest crypto exchanges through our off-exchange payment solution, MirrorX.
Contact Tristan DickinsonEOS Network FoundationTristan.dickinson@eosnetwork.com
This article was originally published on Chainwire
