What is the Renzo protocol in Binance Labs?
Can you elaborate on the Renzo protocol that's been making waves in the Binance Labs ecosystem? I'm curious about its unique features and how it fits into the broader crypto landscape. Is it a new blockchain technology or a protocol built on an existing one? What are its main goals and use cases? And how does it aim to improve upon existing solutions in the market? I'd appreciate any insights you can share on this intriguing development.
What cryptocurrencies are supported by Binance Labs?
Could you elaborate on the cryptocurrencies that are currently being supported and fostered by Binance Labs? As a leading player in the cryptocurrency ecosystem, Binance Labs' portfolio of investments and incubations often reflects the cutting-edge trends in the industry. I'm particularly interested in understanding which projects, either emerging or established, they are actively backing and how these choices align with their overall strategic goals. Additionally, I'd appreciate any insights into how Binance Labs evaluates potential investments in new cryptocurrencies and what factors they consider crucial in making these decisions.