- Ceffu offers institutional-grade safeguarding for EOS assets through MPC.
- EOS token holders can access CeDeFi strategies through Binance MirrorX.
Ceffu has joined forces with Binance to unlock new opportunities for EOS token holders in CeDeFi (Centralized and Decentralized Finance). Binance MirrorX, the innovative solution empowering institutional fund managers with the best strategies from CEX and DeFi, will open new opportunities for EOS token holders in the space of CeDeFi.
It offers Ceffu’s advanced infrastructure in custody to allow safe asset storage on EOS for institutions by the utilization of technology like Multi-Party Computation and approval schemes designed accordingly. Therefore, it ensures institutional investors have full trust to actively participate in the growing EOS ecosystem while safeguarding their digital assets.
Actually, the MirrorX EOS holders will tap Binance liquidity and sophisticated trading mechanisms in seeking yield solutions that suit the institutional needs. As a matter of fact, the partnership has indeed become one of the milestones towards institutional development by EOS, besides increasing its appeal to EOS in the broader crypto-space.
EOS Gains Institutional Acceptance through Tokenomics Upgrade
The rapid growing interest on the EOS platform, solidifies with EOS entry in an international benchmark by Coinbase in a digital assets liquid top 50 that gets traded through their exchange, termed as Coinbase COIN 50.According to Yves La Rose, Chief Executive Officer at the EOS Network Foundation (ENF), incorporating Ceffu is critical in creating infrastructure that may make it feasible for mass institutional participation in the EOS ecosystem.
Recent performance improvements, spurred on by community-approved changes to tokenomics, have made EOS ever more attractive to investors. The EOS staking rewards program has seen a quadruple return in staking participation since distributing $450 million in EOS tokens. These measures, combined with the extension of the period for locking up tokens from four days to 28 days, only represent the growing strength and attractiveness of the EOS network.
The EOS Network, along with the powerful EOS Virtual Machine (EOS VM), now become a major participant in the ecosystem of Web 3.0 and facilitates cost-effective and virtually feeless transactions. Innovative developments, and strategic partnerships, therefore place EOS on a good footing to enhance further the standing of EOS as the leading blockchain platform.
