PANews, August 27th news, automated leverage protocol Origami Finance announced the completion of a $1.5 million seed round financing on X platform, with participation from Ouroboros Capital, Fjord Foundry, Good Partners, Upside, BeraLand, TempleDAO, Boba Tea Capital, Three Three Ventures, Smokey The Bera, janitooor.eth, etc. The relevant valuation information has not yet been disclosed. The new funds will be used to build its automated leverage protocol launched on Ethereum and BeraChain, which is reportedly able to integrate with third-party lending services and automatically fold yield-bearing tokens (YBT) exposure to improve capital efficiency and drop liquidation and bad debt risks.
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BeraChain ecosystem automated leverage protocol Origami Finance completes $1.5 million seed round financing
PANews, August 27th news, automated leverage protocol Origami Finance announced the completion of a $1.5 million seed round financing on X platform, with participation from Ouroboros Capital, Fjord Foundry, Good Partners, Upside, BeraLand, TempleDAO, Boba Tea Capital, Three Three Ventures, Smokey The Bera, janitooor.eth, etc. The relevant valuation information has not yet been disclosed. The new funds will be used to build its automated leverage protocol launched on Ethereum and BeraChain, which is reportedly able to integrate with third-party lending services and automatically fold yield-bearing tokens (YBT) exposure to improve capital efficiency and drop liquidation and bad debt risks.