UTONIC Protocol Achieves $100 Million in Total Value Locked
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Sep 14 2024UTONIC Protocol Milestone: The UTONIC Protocol, a restaking platform on blockchain technology, has surpassed $100 million in total value locked (TVL), marking a significant achievement supported by various investors and institutions.
Innovative Features and Partnerships: Inspired by Ethereum's EigenLayer, UTONIC offers unique restaking mechanisms and rewards while forming strategic partnerships to enhance its integration within the blockchain ecosystem, aiming to improve security and scalability for users.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
