Hinode Technologies joins SatLayer’s Cube node operations

gumi Inc. is pleased to announce that Hinode Technologies Inc., a joint venture between gumi’s consolidated subsidiary gC Labs Inc. and TIS Inc., has begun operating a node for the Cube provided by SatLayer.

Cube is a liquid staking protocol for BABY tokens deployed on the Babylon chain. Users can earn cBABY tokens by staking BABY tokens, and can secure liquidity while staking.

This protocol is provided by the SatLayer team, Babylon’s leading restake protocol. We plan to continue discussions on other restake protocols in addition to Cube.

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Hinode currently operates nodes on several major blockchain networks and is now collaborating with SatLayer to expand its role in the fast-growing web3 space.

SOURCE: PRTimes