April 4, 2024, London, United Kingdom – StakeLayer, a pioneer in Bitcoin L2 Restaking solutions, announced the presale distribution of $STAKE, the native token powering their platform. This presale is a major milestone in StakeLayer's mission to unlock the potential of DeFi for Bitcoin users.

$STAKE forms the backbone of the StakeLayer ecosystem, which enables various DeFi activities on the Bitcoin network. The pre-sale offers early adopters the opportunity to invest in $STAKE before it begins public trading at the Token Generation Event planned for Q2 2024.

StakeLayer offers a revolutionary EigenLayer for Bitcoin. This new Layer 2 solution is ready to transform user interaction with Bitcoin by introducing Restaking for Bitcoin holders.

StakeLayer allows Bitcoin holders to earn extra rewards on their holdings by participating in Proof-of-Stake activities. This opens up the opportunity to potentially earn more rewards across various applications built on Bitcoin's Layer 2.

StakeLayer improves capital efficiency by allowing Bitcoin holders to earn extra rewards on their assets. The Restaking mechanism has the potential to contribute to the overall security of the Bitcoin ecosystem. StakeLayer opens doors for developers to develop new applications on Bitcoin's L2 that leverage PoS functions.

StakeLayer plans to launch their platform soon. For more details, users can visit StakeLayer's telegram community.