Tokemak raises $4M from Framework and DeFi investors to build a ‘liquidity re...
Tokemak plans to become the director for decentralized exchange liquidity. Fractal, an established trading firm, is pushing to expand into the world of decentralized finance with Tokemak, a project the team refers to as a “decentralized liquidity reactor” for DeFi.The company announced on Tuesday a $4 million investment round led by Framework Ventures, a well-known DeFi investment fund known for its bets on Synthetix and Chainlink. Other major funds such as Electric Capital, Coinbase Ventures, North Island Ventures, Delphi Digital and ConsenSys also joined the round.The funding comes in....
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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 […]
The automated market maker is currently in beta development and set to launch in Q3 2021. Automated market maker MonoX has today announced a debut capital raise of $5 million from venture firms including the likes of Axia8 Ventures, Animoca Brands, Divergence Ventures, among others.MonoX will use the funds to support its ambitions in reducing the capital and liquidity prerequisites for decentralized finance (DeFi) projects offering swap, lending, borrowing and derivative capabilities on decentralized exchanges (DEXes).The protocol will achieve this through the introduction of a....
A recent paper from a team of DeFi researchers proposes a new conceptual framework for liquidity mining. A new paper released on Thursday from a team of crypto researchers hopes to add to a body of work that will eventually identify “the Black-Scholes of decentralized finance (DeFi)” — an equation that will allow investors and users to properly value DeFi projects and potential profit/loss metrics in popular DeFi verticals such as liquidity mining. Why is such an equation important? At first blush, liquidity mining is simple enough to explain: in exchange for providing liquidity to....
An upcoming DeFi project positioning itself as the best cross-chain liquidity aggregator, Router Protocol has announced a successful conclusion of its first seed funding round. The project has raised a total of $ 480,000 from a prominent consortium comprising of crypto, fintech and DeFi investors based out of Singapore, India and the US. The Router […]
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, […]