Decentralized Derivatives Exchange Injective Protocol Raises $2.6M In Fresh Funding for Upcoming Mainnet

2020-7-30 23:06

Injective Protocol, a front-running resistant layer-2 decentralized exchange protocol has raised $2.6 million in seed funding round led by Pantera Capital and many other prominent firms such as QCP's investment arm QCP Soteria, Axia8 Ventures, and OK's strategic investment partner K42.

The Injective Protocol was also a part of the Binance incubation program of 2018. The protocol itself aims to solve the scalability and liquidity issues faced by exchanges. Solving these issues would not only offer working capital but also liquidity solutions for decentralized exchanges.

Commenting on their new partners, and what led to lead the funding round, was Paul Veradittakit, Partner at Pantera Capital stating:

“Injective Protocol scalably brings advanced derivatives capabilities to Defi while being uncompromisingly decentralized.

We see Injective as a strong contender to expand Defi beyond just Ethereum power users and to serve as an integral layer ushering the new dawn of decentralized derivatives.”

Injective protocol promises to boost the decentralized exchange market by improving liquidity and also promise to help in building different products to cater to the needs of the consumers.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

BlockMason Credit Protocol (BCPT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.04 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0244683 (-100%)

protocol decentralized funding investment qcp exchange injective

Источник: bitcoinexchangeguide.com

protocol decentralized → Результатов: 126


Standard Protocol integrates Litentry’s decentralized ID service to improve IDO whitelisting

CryptoNinjas » Standard Protocol integrates Litentry’s decentralized ID service to improve IDO whitelisting Litentry a cross-chain Decentralized Identity (DID) aggregator, has announced a partnership with Standard Protocol, a Polkadot-based Collateralized Rebasable Stablecoins (CRS) protocol for synthetic assets.

2021-4-25 00:11


Фото:

This Multi-Asset Crypto Fund Will Operate India’s Only Oracle Node on BandChain

A multi-asset crypto fund manager will become India’s first-ever operator of a BandChain oracle node, according to a release on Monday. Only Indian BandChain Node Operator Woodstock Fund, a specialized multi-asset investment fund focused on blockchain and crypto-startups said it will operate a delegated-proof-of-stake node for Band Protocol’s decentralized oracle network.

2020-7-21 22:07


Фото:

Synthetix (SNX) Launches Decentralized Asset Management Protocol on Ethereum Ropsten Testnet

Synthetix (SNX), a derivatives liquidity protocol that facilitates the issuance and trading of synthetic assets, has announced the launch of dHedge, a decentralized asset management protocol. The team says dHedge will offer users non-custodial mimetic trading for assets on the Synthetix network, according to a blog post on July 20, 2020.

2020-7-20 15:07


VF Invest – 1st To Market Crypto Investing App For Easy Diversification In Sectors like DeFi, Gaming, & More

Crypto media outlet Visionary Financial plans to launch a first to market non-custodial, and decentralized  investment platform that will finally let investors diversify in one place. The protocol, “VF Invest” plans to revolutionize user experience, giving users the ability to diversify in individual cryptocurrencies and sector portfolios in seconds, while having complete control over their […] The post VF Invest – 1st To Market Crypto Investing App For Easy Diversification In Sectors like DeFi, Gaming, & More appeared first on NullTX.

2020-7-18 00:10


Waves integrates Band Protocol’s oracles to enable cross-chain use for Neutrino stablecoin

Sequoia Capital-backed, cross-chain data oracle, Band Protocol is enabling open-source blockchain platform Waves to jump into the $2B decentralized finance (DeFi) industry; by bringing true cross-chain integration of its data oracles to the Waves’ ecosystem, including usage for their recently launched algorithmic stablecoin Neutrino, which lately reached $15 million market cap.

2020-7-15 12:26


Mercedes-Benz Parent, Daimler AG, Pilots PoC Supply Chain Data Sharing System with Ocean Protocol

Daimler AG, the Mercedes Benz carmaker, has partnered with the decentralized data-sharing platform – Ocean Protocol. The partnership would help the Daimler to store their critical data which include internal sales and other financial data on a blockchain and then monetize its use within the company as well as throughout the supply chain. Big carmakers […]

2020-7-9 04:34


Джастин Сан анонсировал запуск новых DeFi-продуктов в экосистеме Tron

CEO Tron Джастин Сан объявил о запуске трех новых продуктов в сфере децентрализованного финансирования (DeFi): JUST Lend, JUST Swap и JUST BTC. (1/3) JUST DeFi team will launch 3 new DeFi products: (1) “JUST Lend”- place where TRON users can earn interests or borrow assets against collateral (2) “JUST Swap-a fully decentralized on-chain protocol for […]

2020-7-5 19:47


Фото:

Blockchain Game Alliance Welcomes Algorand (ALGO) as Its Newest Member

Decentralized scalable digital currency and transactions platform Algorand (ALGO) today announced that it had joined the Blockchain Game Alliance (BGA) as a member and supporting sponsor. Algorand Joins the Blockchain Game Alliance Algorand, a permissionless, proof-of-stake (PoS) blockchain protocol that has provided tech infrastructure to several countries’ national currency projects is now an official memberRead MoreRead More.

2020-7-3 20:35


Ethereum Classic Price Analysis - On-chain activity drops despite recent protocol upgrade

Ethereum Classic (ETC) is a distributed ledger and decentralized computing platform with smart contract capabilities, created in 2016 by forking the original Ethereum (ETH) project. The crypto asset is currently 21st on the Brave New Coin market cap table, with a market cap of US$765 million and US$110 million in trade volume over the past 24 hours.

2020-6-23 15:01


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

StarkWare Proposes to Deploy Aave on its ZK-Rollup L2 StarkNet

A new proposal has been submitted to Aave’s governance forum that calls for deploying the DeFi lending protocol to StarkNet, StarkWare’s permissionless and decentralized ZK-Rollup. Yael Doweck, product manager at StarkWare, submitted the proposal to onboard the protocol on behalf of StarkNet creator, much like MakerDAO has on its L2.

Brazil’s Stock Exchange Planning to Offer Crypto Services Next Year

B3, Brazil’s stock exchange, is the latest institution planning to join the cryptocurrency scene next year. The San Pablo-based exchange is exploring digital asset custody and crypto-as-a-service (CaaS) segments, reported InfoMoney, citing a presentation from B3 President Gilson Finkelsztain made last week.