Express
DeFi Lending Protocol Liquity Raised $6 Million In Round Backed by Pantera Capital, IOSG Ventures And More
Summary: DeFi lending agreement Liquity announced the completion of a $6 million Series A financing led by Pantera Capital. IOSG Ventures, Nima Capital, Alameda Research, Greenfield. one, Bo Shen, Meltem Demirors, David Hoffmann, and many other VC and investors participated in the round. Liquity is a decentralized lending protocol that provides interest-free liquid loans secured by ...
DeFi lending agreement Liquity announced the completion of a $6 million Series A financing led by Pantera Capital.
IOSG Ventures, Nima Capital, Alameda Research, Greenfield. one, Bo Shen, Meltem Demirors, David Hoffmann, and many other VC and investors participated in the round.
Liquity is a decentralized lending protocol that provides interest-free liquid loans secured by ETH. Loans are paid in the form of LUSD (a stablecoin pegged to the U.S. dollar). The minimum mortgage rate that needs to be maintained is only 110%.
The new funds will go forward to be used to improve on-chain lending, remove interest rates and minimize DeFi governance.
By Mary Liu
Tags: Alameda Research,DeFi,ETH,IOSG Ventures,Liquity,Nima Capital,Pantera Capital
Link: DeFi Lending Protocol Liquity Raised $6 Million In Round Backed by Pantera Capital, IOSG Ventures And More [Copy]
