The liquidity re-staking protocol YieldNest has completed a new round of financing of $5.2 million, with participation from Faculty Group and others

ChainCatcher news, according to official sources, the liquidity re-staking protocol YieldNest has announced the completion of a new funding round of $5.2 million, with participation from Faculty Group, Backed VC, Proof of Capital, Rana, Mozaik Capital, Contango Digital Assets, LVT Capital, Insignius Capital, and a group of angel investors.

It is reported that YieldNest is a liquidity re-staking protocol supported by EigenLayer, providing simplified, risk-adjusted liquidity re-staking strategies, offering users controlled investment exposure to the AVS category.