Moma Protocol Raises $2.25 Million To Focus on Long-Tail Assets In DeFi
Long-tail DeFi assets are a very exciting trend in the cryptocurrency industry. Whereas these assets often suffer from a decrease in trading volume, Moma Protocol wants to provide them with infinite liquidity. An exciting approach that has attracted attention from various investors. Long-Tail DeFi Assets Are Viable For those who are unfamiliar with the concept, […]
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Most enthusiasts will agree that decentralized finance in its current form has severe limitations. Catering to the needs of users outside of the cryptocurrency world remains a harrowing ordeal. Moma protocol aims to change that narrative for the better through customizable Lending Pools. Solving The DeFi Inefficiencies Even though the first generation of DeFi protocols […]
Defi startup Moma Protocol has completed a private funding round to create a decentralized liquidity solution that aggregates multiple markets. Boosting defi liquidity has become an obsession among crypto projects emerging onto the scene, with increasingly novel solutions proposed. While most projects are content with achieving deeper liquidity, Moma is intent on going to infinity […]
Earlier on Monday, Parallel Finance announced that it had raised $22 million in a Series A funding round. The investing round for the Polkadot-based DeFi protocol was led by Polychain Capital, alongside Alameda Research, Blockchain Capital, Blockchain ventures, Slow ventures, Lightspeed venture Partners, and CMT Digital, among others. 📢 We just raises $22 Million in […]
PlotX is a non-custodial DeFi protocol that has been bestowed with the tag of “Uniswap of Prediction Markets” by the Ethereum community. With a seed round of $2.4 million via venture capital funds like NGC Ventures, Brilliance Ventures, Origin Capital, and 3commas, PlotX is launching on the Ethereum main net with the first version of its automated market-making algo for predictions on crypto assets. “PlotX is an AMM-centric prediction protocol targeting mass-market adoption. It’s effectively […]
Flamingo’s (FLM) rally to a new all-time high is backed by record trading volume, increased governance capabilities and DeFi users searching for Ethereum alternatives. Decentralized finance is rapidly becoming a cornerstone of the cryptocurrency sector but the ecosystem has become increasingly centralized on the Ethereum network and this is causing the entire sector to be plagued by high gas fees and slow transaction confirmations.Average Ethereum gas price. Source: EtherscanThis explosive rise in gas fees is leading users to look for other options and one alternative is Flamingo finance.....