ChainCatcher news, the re-staking protocol Helix Labs has completed a $2 million Pre-Seed financing round, led by Tribe Capital, EMURGO Ventures, Taureon Capital, LD Capital, and Double Peak Group. This financing will accelerate the increase of L1 asset application scenarios, solve the cold start problem of L3, and promote Cardano liquidity into a broader DeFi ecosystem by providing liquidity and users.Helix Labs aims to enhance the yield opportunities for non-Ethereum L1 asset holders and support future MoveVM Rollups through liquidity abstraction and the OmniVM technology stack. By enhancing token utility, expanding EigenFi capacity, and providing liquidity as a service, it offers greater returns to users and brings more liquidity to DeFi. Helix Labs has joined the Move Collective accelerator program of Movement Labs, and the protocol will allow Cardano's ADA token holders to stake while obtaining liquid-staked ADA, which can then be bridged to Movement, thereby unlocking approximately $12 billion in liquidity for Cardano.

ChainCatcher message, DefiLlama data shows that the TVL of the Ethereum restaking protocol EigenLayer has increased to $11.45 billion, ranking second among all DeFi protocols in the network.

ChainCatcher news, according to The Block, the liquidity re-staking protocol Renzo in the Eigenlayer ecosystem announced the completion of a $3 million seed round financing, led by Maven11, with participation from OKX Ventures, IOSG Ventures, Figment Capital, SevenX Ventures, and others.According to RootData, Renzo is a re-staking protocol based on EigenLayer. Renzo abstracts the complex process of re-staking for end users, allowing stakers not to worry about the active selection and management of operators and reward strategies. ezETH is Renzo's liquidity re-staking token, which automatically accrues rewards and ensures liquidity. ezETH allows users to participate in DeFi while retaining re-staking rewards.