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Polkadot Parachain Clover Finance Snags $3 Million From Polychain Capital And Hypersphere

Mary Liu

Summary: Polkadot Parachain Clover Finance today announced the complication of a $3 million seed round funding, led by Polychain Capital, Hypersphere, Bithumb Global, and Divergence Ventures. Clover Finance is a cross-chain basic layer based on Substrate, which provides developers with an easily accessible blockchain infrastructure and creates a one-stop EVM compatible framework to migrate DeFi applications ...

Polkadot Parachain Clover Finance today announced the complication of a $3 million seed round funding, led by Polychain Capital, Hypersphere, Bithumb Global, and Divergence Ventures.

Clover Finance is a cross-chain basic layer based on Substrate, which provides developers with an easily accessible blockchain infrastructure and creates a one-stop EVM compatible framework to migrate DeFi applications from Ethereum to Polkadot.

In addition to EVM compatibility, Clover's other core innovations include gas fee redistribution, gas fee-free transactions, and the unique trustless two-way pegs between Ethereum and Bitcoin.

By Mary Liu

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