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YieldNest launches ynBNB, the first liquid re-staking token on the BNB chain.

On September 13, YieldNest, a liquidity re-staking protocol backed by EigenLayer, announced the launch of ynBNB, the first liquid re-staking token on the BNB chain. YieldNest said it aggregates all potential revenue sources and provides access to re-staking platforms such as Kernel Protocol, Karak, and Binominal. Re-staking participants will accumulate profits and reward points from the selected protocol.