YieldNest Gears Up for ynETH Release After Securing $5.2M in Latest Contribution Round
Wednesday, 17 April 2024, 13:05
YieldNest Raises $5.2M in Contribution Round
Industry veterans-led liquid restaking protocol YieldNest is gearing up for its first product release, ynETH, later this month. This liquid restaking token boosts and auto-compounds ETH yields from a custom-curated AVS basket.
Major Contributors in the Round
- Faculty Group
- Backed VC
- Curve founder Michael Egorov
- Kyber founder Loi Luu
A word from our CEO: We are thrilled to contribute to this long-term vision.
A word from lead contributors: We believe in YieldNest's potential to lead the charge on ETH restaking products.
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