Summary
TLDR: Layer N, an Ethereum layer-2 network backed by Founders Fund, launches liquidity program for DeFi apps, starting with $20 million from Amber Group. The program aims to provide developers with resources to innovate and compete with traditional financial institutions. Founders Fund also invested in Neuralink in 2024.
Key Points
1. Layer N, an Ethereum layer-2 network backed by Peter Thiel’s Founders Fund, has launched a new liquidity program for apps built on its StateNet architecture.
2. Digital finance firm Amber Group will be the first participant in this program, contributing a significant $20 million to help empower partners within the Layer N ecosystem.
3. Thiel’s Founders Fund has been actively investing in innovative projects, such as Neuralink, a brain hacking startup backed by Elon Musk.